Estée Lauder Earnings Are Imminent; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Portfolio Pulse from Avi Kapoor
Estée Lauder (NYSE:EL) is set to release its Q4 earnings on Aug. 19, with analysts expecting a significant increase in EPS and revenue. However, several analysts have recently downgraded the stock and lowered their price targets.
August 19, 2024 | 8:04 am
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Estée Lauder is expected to report Q4 earnings with a significant increase in EPS and revenue. However, recent downgrades and lowered price targets from multiple analysts could negatively impact the stock in the short term.
Despite the positive earnings forecast, the recent downgrades and reduced price targets from several analysts suggest a lack of confidence in the stock's short-term performance. This could lead to a negative impact on the stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100