S&P 500 (NYSE:SPY) component Estee Lauder Cos (NYSE:EL) will unveil its latest earnings on Tuesday, February 5, 2013. The Estee Lauder Companies manufacture skin care, makeup, fragrance, and hair care products.
Estee Lauder Cos Earnings Preview Cheat Sheet
Wall St. Earnings Expectations: The average analyst estimate is for profit of $1.04 per share, a rise of 3% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved down from $1.14. Between one and three months ago, the average estimate moved down. It has been unchanged at $1.04 during the last month. Analysts are projecting profit to rise by 13.2% compared to last year’s $2.57.
Past Earnings Performance: Last quarter, the company reported net income of 79 cents per share versus a mean estimate of profit of. The company has beaten estimates for the past three quarters.
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A Look Back: In the first quarter, profit rose 7.5% to $299.5 million (76 cents a share) from $278.6 million (70 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 2.9% to $2.55 billion from $2.48 billion.