This post was originally published on this site
Estee Lauder announced earnings per share of $2.62 on revenue of $5.49B. Analysts polled by Investing.com anticipated EPS of $2.64 on revenue of $5.5B.
Estee Lauder shares are down 18% from the beginning of the year, still down 19.55% from its 52 week high of $374.20 set on January 3. They are under-performing the S&P 500 which is down 5.95% from the start of the year.
Estee Lauder’s report follows an earnings matched by Procter&Gamble on Wednesday, who reported EPS of $1.66 on revenue of $20.95B, compared to forecasts EPS of $1.66 on revenue of $20.34B.
Constellation Brands B had beat expectations on January 6 with third quarter EPS of $3.12 on revenue of $2.32B, compared to forecast for EPS of $2.75 on revenue of $2.28B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
