These Analysts Slash Their Forecasts On Estee Lauder Following Q4 Results
Portfolio Pulse from Avi Kapoor
Estee Lauder reported strong Q4 results but issued a disappointing FY25 EPS outlook, leading to a drop in stock price and revised price targets from analysts.
August 20, 2024 | 12:02 pm
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Estee Lauder reported better-than-expected Q4 results but issued a disappointing FY25 EPS outlook, leading to a 2.3% drop in stock price. Analysts have lowered their price targets.
Despite strong Q4 results, Estee Lauder's FY25 EPS outlook was below expectations, leading to a 2.3% drop in stock price. Analysts responded by lowering their price targets, indicating a negative short-term impact on the stock.
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