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Shares of Estee Lauder Cos (NYSE:EL) fell 4% in pre-market trading after the company reported Q4 results.
Quarterly Results
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Earnings per share were down 182.81% over the past year to ($0.53), which missed the estimate of ($0.19).
Revenue of $2,430,000,000 declined by 32.31% from the same period last year, which missed the estimate of $2,450,000,000.
Looking Ahead
Q1 EPS expected to be between $0.80 and $0.85.
Q1 revenue expected to be between $3,389,000,000 and $3,428,000,000.
How To Listen To The Conference Call
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Date: Aug 20, 2020
Time: 09:30 AM
ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/el/mediaframe/40199/indexr.html
Technicals
Company's 52-week high was at $220.42
52-week low: $137.01
Price action over last quarter: Up 21.86%
Company Description
Estee Lauder is the world leader in the global prestige beauty market, participating across skincare (45% of 2019 sales), makeup (39%), fragrance (12%), and haircare (4%) categories, with popular brands such as Estee Lauder, Clinique, MAC, La Mer, Jo Malone, Aveda, Bobbi Brown, Too Faced, and Origins. The firm operates in 150 countries, with 32% of revenue stemming from the Americas, 43% from Europe, the Middle East and Africa, and 25% from Asia-Pacific. The company sells its products through department stores, travel retail, multi-brand specialty beauty stores, brand-dedicated freestanding stores, e-commerce, salons/spas, and perfumeries.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.