Estee Lauder Companies Inc (The) Stock News

Several analysts cut their price targets after cosmetics giant Estée Lauder provided disappointing guidance.

Weakness in China is responsible for most of the company's lackluster results of late. This sliver of Estèe Lauder's business, however, isn't as weak as select numbers seem to suggest.

The company published its fourth-quarter 2023 results. The perfume and cosmetics mainstay suffered from a double-digit drop in Asia-Pacific sales.

Estee Lauder's (EL) fourth-quarter fiscal 2023 results reflect strength in nearly all categories other than Skin Care. The company remains well-placed for fiscal 2024.

Month to date, the Dow is -3.75%, the S&P -5.55%, the Nasdaq -7.59% and the small-cap Russell 2000 -8.46%.

Shares of cosmetics company Estée Lauder (EL) are dropping after reporting a weakened forecast and forecasts a slow recovery for its business segments in Asia. The beauty brand pulled off a fourth-qu

The headline numbers for Estee Lauder (EL) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estima

Estee Lauder (EL) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of a loss of $0.04 per share. This compares to earnings of $0.42 per share a year ago.

The makeup retailer's forecast for the year ending June 2024 was weaker than anticipated but it beat earnings and revenue expectations.

Estee Lauder confirmed it had been a tough year for the perfume, makeup and skincare group, though things started to improve in the final three months. Revenues fell 10% to US$15.9 billion in the year

Estee Lauder Inc.'s stock EL, -0.04% fell 2% premarket Friday, after the cosmetics company posted better-than-expected earnings for its fiscal fourth quarter but offered guidance that lagged consensus

Estee Lauder Companies Inc (NYSE:EL)'s fiscal fourth quarter and full year 2023 financial results are expected to show the continued impact of a slower than initially expected recovery of Asia travel

Here's a sneak peek.

Estee Lauder Companies Inc (NYSE:EL) could see lower their earnings due to anticipated challenges in the Chinese market, Bank of America said in a new report lowering the cosmetics firm's full-year 20

The Estee Lauder Companies' (EL) fourth-quarter results are likely to reflect the impacts of soft recovery in Asia travel retail. However, prudent pricing and enhanced product distribution bode well.