Estee Lauder Companies Inc EL released its results for the fiscal third quarter today.
The company reported its quarterly earnings at $124.7 million, or $0.62 per share, up from $57.5 million, or $0.28 per share, in the year-ago period. The company's net sales increased to $2.17 billion from $1.86 billion. However, analysts were expecting earnings of $0.57 per share on revenue of $2.04 billion.
EL shares fell 0.38% to close at $95.81 yesterday.
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