Article Hero

Estee Lauder gained all across the board in Q1

1604408085.jpg
Miguel A. Rodriguez
Miguel A. Rodriguez
03 November 2020
Its Q1 2021 earnings and revenue figures topped expectations

Estee Lauder – the beauty conglomerate reported #Q1 earnings that came ahead of what the market expected.

The company had an EPS of $1.44, higher than the $0.89 forecasted. Compared to the $3.45 billion expected revenue, Estee posted figures that came in at $3.56 billion. However, #revenue is 8.55% lower compared to the one reported in the same quarter last year.

For the next quarter, Estee is looking for an #EPS of $1.45 to reach a high of $1.60. As for the revenue, it is expected to go up to $3.45 billion.

Following the report, Estee Lauder #stock price rose 4.7%. Since the beginning of the year, the company's stock price has gained 6%. At the same time, USA500 went up 1.21%.

Sources: finance.yahoo.com, investing.com

This information/research prepared by Miguel A. Rodriguez does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. The research analyst primarily responsible for the content of this research report, in part or in whole, certifies that the views about the companies and their securities expressed in this report accurately reflect his/her personal views and consequently any person acting on it does so entirely at their own risk.The research provided does not constitute the views of KW Investments Ltd nor is it an invitation to invest with KW Investments Ltd. The research analyst also certifies that no part of his/her compensation was, is, or will be, directly, or indirectly, related to specific recommendations or views expressed in this report.The research analyst in not employed by KW Investments Ltd. You are encouraged to seek advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit that conforms to your specific investment objectives, financial situation, or particular financial needs before making a commitment to invest. The laws of the Republic of Seychelles shall govern any claim relating to or arising from the contents of the information/ research provided. 

Share this article

How did you find this article?

Awful
Ok
Great
Awesome

Read More

Miguel A. Rodriguez
Miguel A. Rodriguez
Financial Writer

Miguel worked for major financial institutions such as Banco Santander, and Banco Central-Hispano. He is a published author of currency trading books.