The Estee Lauder Companies Inc. (NYSE:EL) is set to announce fourth quarter earning results on Thursday 20th August 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, EL to report 4Q20 loss of $ 0.19 per share.
For the full year, analysts anticipate top line of $ 14328.90 million, while looking forward to income of $ 4.49 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 15,755.00 million ~ $ 16,052.00 million, where as bottomline are predicted in a range of $ 5.60 ~ $ 5.70 per share
Click Here For More Historical Outlooks Of The Estee Lauder Companies Inc.
Previous Quarter Performance
The Estee Lauder Companies Inc. reported income for the third quarter of $ 0.86 per share, from the revenue of $ 3,345.00 million. The quarterly earnings decreased 44.52 percent compared with the same quarter last year. Street analysts expected The Estee Lauder Companies Inc. to report income of $ 0.73 per share on revenue of $ 3045.93 million for the third quarter. The bottom line results beat street analysts by $ 0.13 or 17.81 percent, at the same time, top line results outshined analysts by $ 299.07 million or 9.82 percent.
Stock Performance
According to the previous trading day, closing price of EL was $ 212.50, representing a 55.10 % increase from the 52 week low of $ 137.01 and a 3.59 % decrease over the 52 week high of $ 220.42.
The company has a market capital of $ 76.50 billion and is part of the Consumer Defensive sector and Household & Personal Products industry.
Recent Analyst recommendations
- On 25th June 2020, maintained by Credit Suisse Group at Outperform rating, with $ 210.00 target price.
Conference Call
The Estee Lauder Companies Inc. will be hosting a conference call at 9:30 AM eastern time on 20th August 2020, to discuss its 4Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website 78449.choruscall.com/dataconf/productusers/el/mediaframe/40199/indexr.html
The Estée Lauder Companies Inc. manufactures and markets skin care, makeup, fragrance, and hair care products. The company offers a range of skin care products, such as moisturizers, serums, cleansers, toners, body care products, exfoliators, acne care products, facial masks, cleansing devices, and sun care products; and makeup products, including lipsticks, lip glosses, mascaras, foundations, eyeshadows, nail polishes, and powders, as well as related items, including compacts, brushes, and other makeup tools.
