Thursday, November 3, 2016

Est‚e Lauder Cos. (EL) Sank To A 9-Month Low On Weak Forecast

Est‚e Lauder Cos. (EL) reported first quarter EPS of $0.84 Wednesday morning, compared to $0.82 last year. Analysts expected EPS of $0.80. The company expects to report second quarter EPS of $1.10 to $1.15 and between $3.38 and $3.44 for the full year. The consensus estimates are for EPS of $1.31 and $3.50.

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