Company Earnings UpdateEstée Lauder (EL) 1Q19 Results: Company Beats Expectations and Raises Guidance Coresight Research November 5, 2018 Executive Summary Estée Lauder reported fiscal 1Q19 revenues of $3.52 billion, up 7.6% year over year and higher than the consensus estimate of $3.47 billion. Adjusted earnings per share (EPS) was $1.41, higher than the consensus estimate of $1.22 and higher than the EPS of $1.21 in the year ago period. Comparable sales were up 11% at Estée Lauder. For the second quarter, the company provided EPS guidance of $1.47–$1.50, compared to the consensus estimate of $1.63. Net sales are forecast to increase 4%–5%, compared to consensus estimate of 4.6%. For the full year, Estée Lauder raised its EPS guidance to $4.73–$4.82, up from $4.62–$4.71, compared to the consensus estimate of $4.77. The company provided revenue guidance of 4.5%, implying $12.75 billion. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Lower-Income Consumers’ Financial Sentiment Hits Record Low Amid Iran Conflict: US Consumer Survey InsightsRevving Up the Flywheel: Insights from the Inaugural Amazon Prime Analyst DayUS Retail Sales Outlook: Our Retail Growth Outlook Score Strengthens, SlightlyEarnings Insights 4Q24, Week 5: Most Companies Report Strong Growth Results This Week
