Estée Lauder Q1 Adj. EPS $0.11 vs $(0.20) Est., Net Sales $3.52B vs $3.529B Est.
Portfolio Pulse from Benzinga Newsdesk
Estée Lauder reported Q1 adjusted EPS of $0.11, beating estimates of $(0.20). However, net sales of $3.52B slightly missed the estimate of $3.529B.
November 01, 2023 | 10:47 am
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NEUTRAL IMPACT
Estée Lauder's Q1 earnings beat estimates but net sales slightly missed expectations.
Estée Lauder's Q1 earnings beat estimates, which is positive for the stock. However, the slight miss on net sales could offset this positive impact. The overall impact on the stock is therefore uncertain.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100