Estée Lauder Earnings Are Imminent; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Benzinga
2024.08.19 08:04
portai
I'm PortAI, I can summarize articles.

Estée Lauder Companies Inc. is set to report its Q4 earnings on Aug. 19, projecting 27 cents per share, up from 7 cents a year ago. Analysts expect revenue of $3.83 billion, an increase from $3.63 billion last year. The company's shares fell 0.2% to close at $178.97. Recent analyst ratings reflect downgrades from multiple firms including B of A and Deutsche Bank, with price targets being cut significantly. Analysts maintain varied ratings, with accuracy rates around 62-69%.