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Estee Lauder announced earnings per share of $2.55 on revenue of $4.85B. Analysts polled by Investing.com anticipated EPS of $1.68 on revenue of $4.49B.
Estee Lauder shares are down 4% from the beginning of the year, still down 5.24% from its 52 week high of $267.04 set on December 18, 2020. They are under-performing the S&P 500 which is up 3.08% from the start of the year.
Estee Lauder’s report follows an earnings beat by Procter&Gamble on January 20, who reported EPS of $1.64 on revenue of $19.75B, compared to forecasts EPS of $1.51 on revenue of $19.27B.
Philip Morris had beat expectations on Thursday with fourth quarter EPS of $1.26 on revenue of $7.44B, compared to forecast for EPS of $1.21 on revenue of $7.38B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
