Estee Lauder Cos (NYSE:EL) reported its Q3 earnings results on Wednesday, May 3, 2023 at 06:45 AM.
Here’s what investors need to know about the announcement.
Earnings
Estee Lauder Cos missed estimated earnings by 7.84%, reporting an EPS of $0.47 versus an estimate of $0.51.
Revenue was down $494.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.24 which was followed by a 0.42% increase in the share price the next day.
Here’s a look at Estee Lauder Cos’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | 1.30 | 1.33 | 0.34 | 1.67 |
| EPS Actual | 1.54 | 1.37 | 0.42 | 1.90 |
| Revenue Estimate | 4.58B | 3.97B | 3.43B | 4.31B |
| Revenue Actual | 4.62B | 3.93B | 3.56B | 4.25B |
To track all earnings releases for Estee Lauder Cos visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
