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Avi Kapoor

These Analysts Revise Their Forecasts On Estee Lauder After Q4 Earnings

Estee Lauder Estée Lauder EL

Estee,Lauder,Store,Sign,Close-up.,Estee,Lauder,Is,A,Luxury

Estée Lauder Companies, Inc. (NYSE:EL) reported in-line earnings for the fourth quarter on Wednesday.

The company reported adjusted earnings per share of 9 cents, which is in line with the street view. Quarterly sales of $3.41 billion (down 12% year over year) outpaced the analyst consensus estimate of $3.397 billion.

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