Estee Lauder shares are trading lower after the company reported Q1 financial results and issued Q2 and FY24 guidance.
Portfolio Pulse from Benzinga Newsdesk
Estee Lauder reported Q1 financial results and issued Q2 and FY24 guidance, which led to a decrease in its share price.
November 01, 2023 | 12:44 pm
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NEGATIVE IMPACT
Estee Lauder's shares are trading lower after the company reported Q1 financial results and issued Q2 and FY24 guidance.
Estee Lauder's shares are trading lower due to the company's Q1 financial results and future guidance. This indicates that the market may have had higher expectations for the company's performance and future prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100