Estée Lauder Expect Q3 Reported Net Sales To Increase 3%-5%, Adjusted EPS To Range Between Decrease Of (18%) And An Increase Of 3% On Constant Currency Basis
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Estée Lauder anticipates Q3 reported net sales to grow by 3%-5%. Adjusted EPS is expected to range from a decrease of 18% to an increase of 3% on a constant currency basis. Projected diluted net earnings per share are between $.35 and $.46.
February 05, 2024 | 11:54 am
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Estée Lauder expects Q3 net sales growth of 3%-5% and adjusted EPS to range from -18% to +3% on a constant currency basis, with diluted EPS between $.35 and $.46.
The anticipated growth in net sales and the range of adjusted EPS, despite the potential decrease, suggest a positive outlook for Estée Lauder. The specific figures provided for diluted EPS further support a potential positive short-term impact on the stock price, as they offer clarity and a relatively stable earnings perspective.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100