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Estee Lauder Companies Inc (NYSE:EL) updated its first quarter earnings guidance on Saturday. The company provided earnings per share (EPS) guidance of $0.72-0.76 for the period, compared to the Thomson Reuters consensus estimate of $0.75, Analyst Ratings Net reports. The company issued revenue guidance of (3)-(2%) to $2.59-2.62 billion, compared to the consensus revenue estimate of $2.73 billion.Estee Lauder Companies also updated its FY15 guidance to $3.10-3.20 EPS.

A number of research firms have recently commented on EL. Analysts at Stifel Nicolaus raised their price target on shares of Estee Lauder Companies from $80.00 to $85.00 in a research note on Monday, July 28th. They now have a buy rating on the stock. On a related note, analysts at Argus initiated coverage on shares of Estee Lauder Companies in a research note on Thursday, July 17th. They set a buy rating and a $88.00 price target on the stock. Finally, analysts at Credit Suisse reiterated an outperform rating on shares of Estee Lauder Companies in a research note on Wednesday, July 9th. They now have a $84.00 price target on the stock, up previously from $82.00. Three equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company’s stock. Estee Lauder Companies has a consensus rating of Buy and a consensus target price of $83.17.

Estee Lauder Companies Inc (NYSE:EL) traded up 0.34% on Friday, hitting $76.16. 3,093,686 shares of the company’s stock traded hands. Estee Lauder Companies Inc has a one year low of $63.63 and a one year high of $77.34. The stock has a 50-day moving average of $74.84 and a 200-day moving average of $72.17. The company has a market cap of $29.154 billion and a price-to-earnings ratio of 28.87.

Estee Lauder Companies (NYSE:EL) last posted its quarterly earnings results on Friday, August 15th. The company reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.56 by $0.10. The company had revenue of $2.73 billion for the quarter, compared to the consensus estimate of $2.66 billion. During the same quarter in the previous year, the company posted $0.24 earnings per share. The company’s revenue for the quarter was up 13.2% on a year-over-year basis. On average, analysts predict that Estee Lauder Companies Inc will post $3.16 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Monday, September 15th. Stockholders of record on Friday, August 29th will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 1.05%. The ex-dividend date of this dividend is Wednesday, August 27th.

The Estee Lauder Companies Inc is a manufacturer and marketer of skin care, makeup, fragrance and hair care products.

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