Estee Lauder Companies Inc. (NYSE:EL) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. Adjusted Earnings Per Share increased 41.18% to $0.24 in the quarter versus EPS of $0.17 in the year-earlier quarter. Revenue Rose 6.94% to $2.41 billion from the year-earlier quarter.
Estee Lauder Companies Inc. reported adjusted EPS income of $0.24 per share. By that measure, the company beat the mean analyst estimate of $0.21. It missed the average revenue estimate of $2.41 billion.