Estee Lauder Cos: Q3 Earnings Insights

Estee Lauder Cos EL reported its Q3 earnings results on Wednesday, May 3, 2023 at 06:45 AM.

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

Estee Lauder Cos missed estimated earnings by 7.84%, reporting an EPS of $0.47 versus an estimate of $0.51.

Revenue was down $494.00 million from the same period last year.

Last quarter the company beat on EPS by $0.24 which was followed by a 0.42% increase in the share price the next day.

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

Quarter	Q2 2023	Q1 2023	Q4 2022	Q3 2022
EPS Estimate	1.30	1.33	0.34	1.67
EPS Actual	1.54	1.37	0.42	1.90
Revenue Estimate	4.58B	3.97B	3.43B	4.31B
Revenue Actual	4.62B	3.93B	3.56B	4.25B

To track all earnings releases for Estee Lauder Cos visit their earnings calendar here.

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

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