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.
Shares of Estee Lauder Cos (NYSE:EL) rose 0.1% in pre-market trading after the company reported Q4 results.
Quarterly Results
Earnings per share were up 160.94% year over year to $0.78, which beat the estimate of $0.50.
Revenue of $3,936,000,000 up by 61.98% year over year, which beat the estimate of $3,750,000,000.
Guidance
Q1 EPS expected between $1.55 and $1.65.
Q1 revenue expected to be between $4,168,000,000 and $4,239,000,000.
How To Listen To The Conference Call
Date: Aug 19, 2021
Time: 09:30 AM
ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/el/mediaframe/46301/indexr.html
Technicals
Company's 52-week high was at $336.56
Company's 52-week low was at $194.14
Price action over last quarter: Up 5.74%
Company Description
Estee Lauder is the world leader in the global prestige beauty market, participating across skincare (52% of 2020 sales), makeup (33%), fragrance (11%), 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 26% of revenue stemming from the Americas, 44% from Europe, the Middle East and Africa, and 30% from Asia-Pacific. The company sells its products through department stores, travel retail, multibrand 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.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!