Estee Lauder Cos Q4 Adj. EPS $0.07 Beats $(0.03) Estimate, Sales $3.61B Beat $3.47B Estimate
Portfolio Pulse from Benzinga Newsdesk
Estee Lauder Cos reported Q4 adjusted losses of $(0.21) per share, missing the analyst consensus estimate of $(0.03) by 600%. However, the company's quarterly sales of $3.61 billion beat the analyst consensus estimate of $3.47 billion by 4.03%.
August 18, 2023 | 10:50 am
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NEGATIVE IMPACT
Estee Lauder's Q4 earnings missed estimates significantly, which could negatively impact the stock. However, the company beat sales estimates, which could offset some of the negative impact.
Estee Lauder's Q4 earnings miss is significant and could lead to a negative reaction in the stock market. However, the company's sales beat could provide some positive sentiment, potentially offsetting some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100