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Estee Lauder announced earnings per share of $0.42 on revenue of $3.56B. Analysts polled by Investing.com anticipated EPS of $0.3299 on revenue of $3.43B.
Estee Lauder shares are down 8.6% from the beginning of the year, still down 26.10% from its 52 week high of $374.20 set on January 3. They are outperforming the S&P 500 which is down 10.33% from the start of the year.
Estee Lauder’s report follows an earnings beat by Walmart on Tuesday, who reported EPS of $1.77 on revenue of $152.86B, compared to forecasts EPS of $1.63 on revenue of $150.93B.
Procter&Gamble had missed expectations on July 29 with fourth quarter EPS of $1.21 on revenue of $19.52B, compared to forecast for EPS of $1.22 on revenue of $19.4B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
