With a market cap of $31.5 billion, The Estée Lauder Companies Inc. (EL) operates in the beauty and personal care industry. The New York-based company manufactures, markets, and sells a wide range of products globally under brands like Estée Lauder, Clinique, M·A·C, and La Mer through department stores, specialty retailers, and e-commerce platforms worldwide. It is expected to unveil its fiscal Q1 2025 earnings results before the market opens on Thursday, Oct. 31.
Before the event, analysts anticipated the cosmetics giant to report a profit of $0.09 per share, down 18.2% from $0.11 per share in the same quarter last year. However, the company has consistently surpassed Wall Street's earnings projections over the previous four quarters. EL exceeded the consensus estimate by an impressive 156% margin in the most recent quarter.
