The exciting news about Estee Lauder Cos (NYSE: EL) will be shared on Monday 19th August 2024. Investors and analysts are eagerly waiting to hear about the company's financial performance for the fourth quarter of 2024. This significant announcement will happen before market open.
Financial analysts on Wall Street are anticipating that the organization will announce an estimated $0.27 profit per share for the quarter. Furthermore, the firm is projected to disclose a total revenue of $3.83 billion for this period.
Wall Street analysts have offered their forecasts for the company's yearly performance, predicting a total revenue of $15.58 billion. Additionally, they are expecting the company to report profit of $2.23 per share for the fiscal year 2024.
During the same quarter of the previous year, the company's earnings report indicated a per-share income of $0.07. This noteworthy figure was a direct outcome of the company's total revenue, which reached an impressive $3.61 billion during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q3 2024 | $0.97 | +106.4% | 3.94 B | +5.0% |
| Q2 2024 | $0.88 | -42.9% | 4.28 B | -7.4% |
| Q1 2024 | $0.11 | -92.0% | 3.52 B | -10.5% |
| Q4 2023 | $0.07 | -83.3% | 3.61 B | +1.3% |
*Growth on year-over-year basis
The organization has scheduled a conference call on 19th August 2024 at 09:30 AM eastern time to discuss the fourth quarter financial results and other related information.
Estee Lauder Cos (EL) shares traded as low as $91.78 and as high as $95.41 on a day volume of 3.88 million shares, closed Friday's regular trading session at $94.97, downfall of 0.18 percent.
