Estee Lauder Cos., Inc. - Ordinary Shares - Class A

NYSE:EL   1:34:44 PM EDT
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Other Pre-Announcement

Estee Lauder Expects Momentum In Sales Growth To Build In Q4

Published: 05/03/2021 13:01 GMT
Estee Lauder Cos., Inc. - Ordinary Shares - Class A (EL) - The EstÉe Lauder Companies Reports Fiscal 2021 Third Quarter Results.
Net Sales of $3.86 Billion for Its Q3 Ended March 31, 2021, an Increase of 16% on a Reported Basis.
Q3 Earnings per Share $1.24.
Expect Momentum in Our Sales Growth to Build in Q4 of Fiscal 2021.
Full Year Reported Net Sales Are Forecasted to Increase Between 11% and 12% Versus Prior-year Period.
Estee Lauder - Demand for Makeup Continues to Be Weak Given Fewer Makeup USAge Occasions While Other Categories Have Been More Resilient.
FY Reported Net Earnings per Common Share Are Projected to Be Between $5.31 and $5.48.
Estee Lauder - Pandemic Continued to Disrupt Co's Operating Environment, Temporarily Impacting Retail Traffic, Certain Consumer Preferences in Q3.
Expects to Take Charges in FY Associated With Previously Approved Restructuring & Other Activities.
Q3 Earnings per Share View $1.32, Revenue View $3.94 Billion -- Refinitiv Ibes Data (analyst estimates).
FY2021 Earnings per Share View $6.00, Revenue View $15.98 Billion -- Refinitiv Ibes Data (analyst estimates).
Estee Lauder - Reported Diluted Net Earnings per Common Share Are Projected to Be Between $5.31 and $5.48 in 2021.
Qtrly Adjusted Earnings per Share $1.62.
Qtrly Non-GAAP, Constant Currency Earnings per Share $1.59.