These Analysts Slash Their Forecasts On Estee Lauder Following Q4 Results
Estée Lauder(EL) Benzinga·2024-08-20 20:02
Estee Lauder Companies Inc EL reported upbeat fourth-quarter results, but issued worse-than-expected FY25 EPS outlook on Monday.The company reported sales growth of 7% Y/Y to 3.83 billion. Estee Lauder’s operating loss was 5 million loss last year. Adjusted EPS of 64 cents beat the analyst consensus estimate of 27 cents.Estée Lauder announced that President and CEO Fabrizio Freda will retire at the end of FY25. The compan ...