Estée Lauder expected to report 5.4% revenue increase, but underwhelming earnings guidance

From StockStory Communications: 2024-08-18 17:30:11

Estée Lauder is set to report earnings, with analysts expecting a 5.4% increase in revenue to $3.80 billion and adjusted earnings of $0.25 per share. The company saw strong revenue growth last quarter but has underwhelming earnings guidance for the full year. Peers like The Honest Company and e.l.f. have already reported results, with The Honest Company seeing revenue up 10.1% and e.l.f. up 50%. Estée Lauder is down 5.8% over the last month, heading into earnings with an average analyst price target of $132.6. Read our analysis on a fast-growing enterprise software stock riding the automation wave.



Read more at StockStory Communications: Estée Lauder (EL) Q2 Earnings: What To Expect