$1.44 EPS Expected for Estee Lauder Companies Inc (EL) This Quarter

Wall Street brokerages forecast that Estee Lauder Companies Inc (NYSE:EL) will report earnings per share of $1.44 for the current quarter, according to Zacks Investment Research. Nine analysts have made estimates for Estee Lauder Companies’ earnings. The highest EPS estimate is $1.46 and the lowest is $1.41. Estee Lauder Companies posted earnings per share of $1.22 in the same quarter last year, which would indicate a positive year over year growth rate of 18%. The company is scheduled to report its next quarterly earnings report before the market opens on Friday, February 2nd.

According to Zacks, analysts expect that Estee Lauder Companies will report full-year earnings of $4.21 per share for the current financial year, with EPS estimates ranging from $4.08 to $4.31. For the next financial year, analysts forecast that the business will post earnings of $4.75 per share, with EPS estimates ranging from $4.57 to $5.02. Zacks’ EPS calculations are an average based on a survey of research firms that follow Estee Lauder Companies.

Estee Lauder Companies (NYSE:EL) last released its quarterly earnings data on Wednesday, November 1st. The company reported $1.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.24. Estee Lauder Companies had a return on equity of 33.64% and a net margin of 11.30%. The firm had revenue of $3.27 billion during the quarter, compared to analyst estimates of $3.16 billion. During the same period in the prior year, the company posted $0.85 earnings per share. The business’s revenue for the quarter was up 14.3% compared to the same quarter last year.

Several research analysts have issued reports on EL shares. Bank of America increased their price objective on Estee Lauder Companies from $115.00 to $122.00 and gave the stock a “buy” rating in a research note on Friday, October 13th. KeyCorp set a $115.00 price objective on Estee Lauder Companies and gave the stock a “buy” rating in a research note on Monday, October 16th. Stifel Nicolaus increased their price objective on Estee Lauder Companies from $114.00 to $121.00 and gave the stock a “buy” rating in a research note on Thursday, October 19th. Royal Bank of Canada set a $115.00 price objective on Estee Lauder Companies and gave the stock a “buy” rating in a research note on Monday, October 23rd. Finally, Telsey Advisory Group increased their price objective on Estee Lauder Companies from $120.00 to $125.00 and gave the stock an “outperform” rating in a research note on Thursday, October 26th. Seven research analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $120.36.

In related news, EVP Alexandra C. Trower sold 25,446 shares of the firm’s stock in a transaction dated Thursday, November 2nd. The stock was sold at an average price of $120.39, for a total value of $3,063,443.94. Following the transaction, the executive vice president now owns 7,732 shares in the company, valued at $930,855.48. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Richard F. Zannino sold 23,312 shares of the firm’s stock in a transaction dated Thursday, November 2nd. The shares were sold at an average price of $119.23, for a total value of $2,779,489.76. Following the completion of the transaction, the director now owns 14,000 shares in the company, valued at approximately $1,669,220. The disclosure for this sale can be found here. Insiders have sold 1,566,381 shares of company stock worth $195,955,337 in the last 90 days. Company insiders own 16.24% of the company’s stock.

Institutional investors have recently bought and sold shares of the stock. Harvest Fund Management Co. Ltd bought a new position in Estee Lauder Companies in the fourth quarter valued at about $126,000. Cerebellum GP LLC bought a new position in Estee Lauder Companies in the fourth quarter valued at about $130,000. Parkside Financial Bank & Trust boosted its holdings in Estee Lauder Companies by 126.1% in the third quarter. Parkside Financial Bank & Trust now owns 1,135 shares of the company’s stock valued at $123,000 after acquiring an additional 633 shares during the last quarter. Winslow Evans & Crocker Inc. boosted its holdings in Estee Lauder Companies by 2,750.0% in the fourth quarter. Winslow Evans & Crocker Inc. now owns 1,140 shares of the company’s stock valued at $145,000 after acquiring an additional 1,100 shares during the last quarter. Finally, CrestPoint Capital Management LLC bought a new position in Estee Lauder Companies in the fourth quarter valued at about $204,000. Institutional investors and hedge funds own 53.55% of the company’s stock.

Estee Lauder Companies (NYSE:EL) opened at $137.71 on Friday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.27 and a current ratio of 1.75. Estee Lauder Companies has a 12 month low of $79.35 and a 12 month high of $137.85. The stock has a market capitalization of $50,710.00, a price-to-earnings ratio of 37.22, a price-to-earnings-growth ratio of 2.60 and a beta of 0.71.

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About Estee Lauder Companies

The Estee Lauder Companies Inc manufactures and markets skin care, makeup, fragrance and hair care products. The Company offers products, including skin care, makeup, fragrance, hair care and other. The Company operates in beauty products segment. The Company’s products are sold in over 150 countries and territories under brand names, including Estee Lauder, Aramis, Clinique, Prescriptives, Lab Series, Origins, Tommy Hilfiger, MAC, Kiton, La Mer, Bobbi Brown, Donna Karan New York, DKNY, Aveda, Jo Malone London, Bumble and bumble, Michael Kors, Darphin, Tom Ford, Smashbox, Ermenegildo Zegna, AERIN, Tory Burch, RODIN olio lusso, Le Labo, Editions de Parfums Frederic Malle, GLAMGLOW, By Kilian, BECCA and Too Faced.

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Earnings History and Estimates for Estee Lauder Companies (NYSE:EL)

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