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Market Overview

Recap: Estee Lauder Q1 Earnings

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Shares of Estee Lauder Cos (NYSE:EL) rose 4.7% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share decreased 13.77% over the past year to $1.44, which beat the estimate of $0.90.

Revenue of $3,562,000,000 declined by 8.55% year over year, which beat the estimate of $3,450,000,000.

Looking Ahead

Q2 EPS expected between $1.45 and $1.60.

Q2 revenue expected to be between $4,393,000,000 and $4,485,000,000.

How To Listen To The Conference Call

Date: Nov 02, 2020

Time: 09:30 AM

ET Webcast URL: https://www.elcompanies.com/en/investors/events-and-presentations#11-02-2020

Price Action

52-week high: $235.84

Company's 52-week low was at $137.01

Price action over last quarter: Up 11.11%

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 27% 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, multi-brand specialty beauty stores, brand-dedicated freestanding stores, e-commerce, salons/spas, and perfumeries.

 

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