Company Earnings UpdateEstée Lauder (EL) Fiscal 4Q18 Results: Beats Estimates and Guides for Continued Above-Market Growth Coresight Research August 21, 2018 Executive Summary Estée Lauder reported fiscal 4Q18 adjusted EPS of $0.61, beating consensus by a nickel and up 19.9% year over year. Revenues were $3.30 billion, up 14.1% year over year and beating the consensus estimate of $3.25 billion. Skin Care remained the fastest-growing major segment, growing 29% as reported and benefiting from strength in Europe, the Middle East and Africa, travel retail and China. For the next fiscal year, the company expects adjusted net sales to grow 7%–8%, ahead of the 5%–6% growth expected for the global prestige beauty market, and for adjusted EPS of $4.62–$4.71. 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: Sustained Stimulus Measures Give Rise to Consumer Optimism: China Consumer Survey InsightsKering and L’Oréal Announce €4 Billion Strategic Partnership—Multibrand Luxury and Beauty Firms Playing To Their StrengthsAldi vs. Lidl US Store Openings: Mapping Retail Real Estate Changes with the Store Intelligence PlatformUS Retail Sales Outlook—Preview: Latest Retail Projections in the Absence of Government Data
