Valued at a market cap of $32 billion, The Estée Lauder Companies Inc. (EL) is a global leader in prestige beauty, known for its extensive portfolio of skincare, makeup, fragrance, and hair care brands. Headquartered in New York City, the company operates in over 150 countries and territories, targeting both high-end and emerging beauty markets.
It is scheduled to announce its fiscal Q4 earnings before the market opens on Wednesday, Aug. 20. Ahead of this event, analysts expect this cosmetics giant to report a profit of $0.07 per share, down 89.1% from $0.64 per share in the year-ago quarter. On the bright side, the company has consistently beaten Wall Street’s earnings estimates in each of the last four quarters, which is admirable.
