Estée Lauder Companies (NYSE:EL) Announces Quarterly Earnings Results, Beats Expectations By $0.36 EPS

Estée Lauder Companies (NYSE:EL - Get Free Report) announced its quarterly earnings data on Thursday. The company reported $0.65 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.29 by $0.36, Zacks reports. The firm had revenue of $2.66 billion for the quarter, compared to the consensus estimate of $3.51 billion. Estée Lauder Companies had a negative net margin of 4.61% and a positive return on equity of 16.82%. The business's revenue for the quarter was down 9.9% on a year-over-year basis. During the same period in the prior year, the company posted $0.97 earnings per share. Estée Lauder Companies updated its FY 2025 guidance to 1.300-1.550 EPS.

Estée Lauder Companies Trading Up 0.8 %

Estée Lauder Companies stock traded up $0.47 during mid-day trading on Friday, hitting $59.36. 4,290,686 shares of the stock were exchanged, compared to its average volume of 4,056,921. The stock has a market capitalization of $21.31 billion, a price-to-earnings ratio of -30.44, a PEG ratio of 6.09 and a beta of 1.12. Estée Lauder Companies has a 12 month low of $48.37 and a 12 month high of $139.34. The company has a quick ratio of 0.97, a current ratio of 1.37 and a debt-to-equity ratio of 1.75. The firm's fifty day simple moving average is $62.50 and its two-hundred day simple moving average is $70.81.

Estée Lauder Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 16th. Shareholders of record on Friday, May 30th will be given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 2.36%. The ex-dividend date is Friday, May 30th. Estée Lauder Companies's dividend payout ratio is presently -57.85%.

Insider Activity

In other Estée Lauder Companies news, Director Paul J. Fribourg bought 43,000 shares of the firm's stock in a transaction that occurred on Wednesday, February 5th. The stock was acquired at an average price of $66.35 per share, with a total value of $2,853,050.00. Following the completion of the purchase, the director now directly owns 430,800 shares of the company's stock, valued at approximately $28,583,580. This trade represents a 11.09 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Akhil Shrivastava bought 700 shares of the stock in a transaction on Wednesday, February 5th. The stock was acquired at an average price of $65.79 per share, with a total value of $46,053.00. Following the completion of the acquisition, the chief financial officer now owns 2,381 shares of the company's stock, valued at $156,645.99. This represents a 41.64 % increase in their position. The disclosure for this purchase can be found here. Insiders own 12.78% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on EL shares. Citigroup reduced their target price on Estée Lauder Companies from $77.00 to $55.00 and set a "neutral" rating on the stock in a report on Monday, April 14th. B. Riley reaffirmed a "neutral" rating and issued a $60.00 price objective (down from $70.00) on shares of Estée Lauder Companies in a research note on Friday. Piper Sandler reissued an "overweight" rating and set a $75.00 target price (down previously from $92.00) on shares of Estée Lauder Companies in a research note on Friday. Morgan Stanley reduced their price target on shares of Estée Lauder Companies from $85.00 to $81.00 and set an "equal weight" rating on the stock in a research note on Thursday, February 6th. Finally, Wells Fargo & Company decreased their price target on shares of Estée Lauder Companies from $70.00 to $60.00 and set an "equal weight" rating on the stock in a report on Wednesday, April 16th. Nineteen investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $75.20.

About Estée Lauder Companies

The Estée Lauder Companies Inc manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. It offers skin care products, including moisturizers, serums, cleansers, toners, body care, exfoliators, acne care and oil correctors, facial masks, and sun care products; and makeup products, such as lipsticks, lip glosses, mascaras, foundations, eyeshadows, and powders, as well as compacts, brushes, and other makeup tools.

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