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Estee Lauder announced earnings per share of $0.85 on revenue of $3.35B. Analysts polled by Investing.com anticipated EPS of $0.77 on revenue of $3.06B. That with comparison to EPS of $1.55 on revenue of $3.75B in the same period a year before. Estee Lauder had reported EPS of $2.12 on revenue of $4.62B in the previous quarter. Analysts are expecting EPS of $0.05 and revenue of $2.54B in the upcoming quarter.
Estee Lauder shares are down 14% from the beginning of the year , still down 19.97% from its 52 week high of $220.42 set on January 17. They are under-performing the S&P 500 which is down 10.24% year to date.
Estee Lauder’s report follows an earnings beat by Procter&Gamble on April 17, who reported EPS of $1.17 on revenue of $17.21B, compared to forecasts EPS of $1.13 on revenue of $17.31B.
Coca-Cola had beat expectations on April 21 with first quarter EPS of $0.51 on revenue of $8.6B, compared to forecast for EPS of $0.44 on revenue of $8.3B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
