Estee Lauder: Q2 Earnings Insights

Estee Lauder Cos EL reported its Q2 earnings results on Thursday, February 3, 2022 at 06:45 AM.

Here's what investors need to know about the announcement.

Estee Lauder Cos beat estimated earnings by 14.02%, reporting an EPS of $3.01 versus an estimate of $2.64, which surprised analysts.

Revenue was up $687.00 million from the same period last year.

Last quarter the company beat on EPS by $0.2, which was followed by a 0.52% increase in the share price the next day.

Here's a look at Estee Lauder Cos's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	1.69	0.50	1.31	1.69
EPS Actual	1.89	0.78	1.62	2.61
Revenue Estimate	4.25B	3.75B	3.93B	4.49B
Revenue Actual	4.39B	3.94B	3.86B	4.85B

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Estee Lauder Cos management provided guidance for their next quarter, expecting earnings between $1.55 and $1.65 per share for the next quarter.

This represents a -46.84% in quarter-over-quarter growth for Estee Lauder Cos, a bearish signal to many investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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