We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Estee Lauder (EL) Reports Q3 Earnings: What Key Metrics Have to Say
Read MoreHide Full Article
Estee Lauder (EL - Free Report) reported $3.94 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 5%. EPS of $0.97 for the same period compares to $0.47 a year ago.
The reported revenue represents a surprise of +0.39% over the Zacks Consensus Estimate of $3.92 billion. With the consensus EPS estimate being $0.48, the EPS surprise was +102.08%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Estee Lauder performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net sales- The Americas: $1.12 billion versus $1.12 billion estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a +2.6% change.
Net sales- Europe the Middle East & Africa: $1.65 billion compared to the $1.57 billion average estimate based on seven analysts. The reported number represents a change of +11.7% year over year.
Net sales- Asia/Pacific: $1.18 billion versus $1.24 billion estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a -1.3% change.
Net sales- Skin Care: $2.06 billion compared to the $2 billion average estimate based on six analysts. The reported number represents a change of +7.2% year over year.
Net sales- Makeup: $1.14 billion versus $1.13 billion estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +4.4% change.
Net sales- Fragrance: $575 million compared to the $608.71 million average estimate based on six analysts. The reported number represents a change of -1.7% year over year.
Net sales- Hair Care: $143 million versus $153.08 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a -4% change.
Net sales- Other: $26 million compared to the $21.37 million average estimate based on five analysts. The reported number represents a change of +136.4% year over year.
Operating Income (Loss)- Fragrance: $29 million compared to the $68.99 million average estimate based on five analysts.
Operating Income (Loss)- Hair Care: -$25 million versus -$3.70 million estimated by five analysts on average.
Operating Income (Loss)- Other: $11 million compared to the -$129.60 million average estimate based on four analysts.
Operating Income (Loss)- Makeup: $66 million compared to the $36.88 million average estimate based on four analysts.
Shares of Estee Lauder have returned -4% over the past month versus the Zacks S&P 500 composite's -4.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Estee Lauder (EL) Reports Q3 Earnings: What Key Metrics Have to Say
Estee Lauder (EL - Free Report) reported $3.94 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 5%. EPS of $0.97 for the same period compares to $0.47 a year ago.
The reported revenue represents a surprise of +0.39% over the Zacks Consensus Estimate of $3.92 billion. With the consensus EPS estimate being $0.48, the EPS surprise was +102.08%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Estee Lauder performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Net sales- The Americas: $1.12 billion versus $1.12 billion estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a +2.6% change.
- Net sales- Europe the Middle East & Africa: $1.65 billion compared to the $1.57 billion average estimate based on seven analysts. The reported number represents a change of +11.7% year over year.
- Net sales- Asia/Pacific: $1.18 billion versus $1.24 billion estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a -1.3% change.
- Net sales- Skin Care: $2.06 billion compared to the $2 billion average estimate based on six analysts. The reported number represents a change of +7.2% year over year.
- Net sales- Makeup: $1.14 billion versus $1.13 billion estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +4.4% change.
- Net sales- Fragrance: $575 million compared to the $608.71 million average estimate based on six analysts. The reported number represents a change of -1.7% year over year.
- Net sales- Hair Care: $143 million versus $153.08 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a -4% change.
- Net sales- Other: $26 million compared to the $21.37 million average estimate based on five analysts. The reported number represents a change of +136.4% year over year.
- Operating Income (Loss)- Fragrance: $29 million compared to the $68.99 million average estimate based on five analysts.
- Operating Income (Loss)- Hair Care: -$25 million versus -$3.70 million estimated by five analysts on average.
- Operating Income (Loss)- Other: $11 million compared to the -$129.60 million average estimate based on four analysts.
- Operating Income (Loss)- Makeup: $66 million compared to the $36.88 million average estimate based on four analysts.
View all Key Company Metrics for Estee Lauder here>>>Shares of Estee Lauder have returned -4% over the past month versus the Zacks S&P 500 composite's -4.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.