Estee Lauder Companies (the) Stock News

The "Halftime Report" traders give their top picks to watch for the second half.

Here are the biggest calls on Wall Street on Friday.

Futures Reverse Overnight Gains As Amazon Euphoria Fizzles We warned last night that the surge in futures following the huge bounce in Amazon stock wouldn''t last (simply because a closer read of the company''s earnings left a lot to be desired) and sure enough, in the overnight (extremely illiquid) session, 500 futures erased gains of as much as 1.3% to trade 0.1% lower, or 10 points, to 4,460 as European stocks extend their decline as inflation and monetary tightening outweighed earnings optimism. Meanwhile, Nasdaq 100 futures pared much of their gains, trading just 0.5% higher after earlier rising more than 2%, one day after the index had the worst day since September 2020. The VIX increased for a third day Friday, hovering just below 26. The dollar dropped as the EUR surge continued, following yesterday''s unexpectedly hawkish comments from Lagarde ... while oil was on course for a seventh weekly advance with Brent rising Relief, as brief as it was, was welcome after a 4.2% crash in the Nasdaq 100 Index on Thursday, its biggest since 2020, fueled by a 26% rout in Meta Platforms following disappointing results.

"Mad Money" host Jim Cramer said Thursday he's not concerned about a potential slowdown in business for Estee Lauder in China. That's why he believes the cosmetics giant's post-earnings stock decline

"Mad Money" host Jim Cramer on Thursday broke down Estee Lauder's earnings and explained why he believes the stock's decline represents a buying opportunity.

"When China ends its lockdowns, I think we'll see the demand for these products soar," the "Mad Money" host said.

EL earnings call for the period ending December 31, 2021.

EL earnings call for the period ending December 31, 2021.

The Estee Lauder Companies' (EL) second-quarter fiscal 2022 sales and earnings rise year over year on growth in every region and product category. Management raises fiscal 2022 view.

Estee Lauder Cos Inc raised its annual revenue and profit projections on Thursday as price hikes and a recovery in demand for its makeup products blunt the hit from surging costs.

The Estée Lauder Companies Inc. (EL) CEO Fabrizio Freda on Q2 2022 Results - Earnings Call Transcript

Estee Lauder (EL) delivered earnings and revenue surprises of 14.45% and 1.18%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

The Estee Lauder Companies' (EL) second-quarter fiscal 2022 sales and earnings rise year over year on growth in every region and product category. Management raises fiscal 2022 view.

Wall Street will navigate a series of key S&P 500 earnings Thursday as investors look to forward projections from a host of companies amid concerns of rising inflation, Federal Reserve rate hikes and slowing consumer growth.

Estee Lauder Cos. reported fiscal second-quarter net income totaling $1.088 billion, or $2.97 per share, up from $873 million, or $2.37 per share, last year. Adjusted EPS of $3.01 far exceeded the FactSet consensus of $2.63. Sales of $5.539 billion were up from $4.853 billion and also ahead of the FactSet consensus of $5.490 billion. "We achieved record sales and profitability in the second quarter of fiscal 2022," said Chief Executive Fabrizio Freda in a statement, with growth widespread across the company''s brands and categories. Estee Lauder labels include the namesake brand, Jo Malone London, Too Faced and Smashbox. Estee Lauder declared a dividend of 60 cents payable on March 15 to shareholders as of the close of business on Feb. 28. Estee Lauder''s outlook for the third quarter is for reported net sales growth of 10% to 12%, EPS between $1.51 and $1.63 and adjusted EPS of between $1.55 and $1.65. The FactSet consensus is for sales of $4.409 billion, implying growth of 12.1%, and EPS of $1.92.