We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Compared to Estimates, Estee Lauder (EL) Q4 Earnings: A Look at Key Metrics
Read MoreHide Full Article
For the quarter ended June 2023, Estee Lauder (EL - Free Report) reported revenue of $3.61 billion, up 1.4% over the same period last year. EPS came in at $0.07, compared to $0.42 in the year-ago quarter.
The reported revenue represents a surprise of +3.72% over the Zacks Consensus Estimate of $3.48 billion. With the consensus EPS estimate being -$0.04, the EPS surprise was +275.00%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Estee Lauder performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net sales- The Americas: $1.07 billion versus the seven-analyst average estimate of $1.13 billion. The reported number represents a year-over-year change of -0.5%.
Net sales- Europe the Middle East & Africa: $1.25 billion versus $1.27 billion estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a -15.3% change.
Net sales- Asia/Pacific: $1.30 billion versus the seven-analyst average estimate of $1.05 billion. The reported number represents a year-over-year change of +29.4%.
Net sales- Skin Care: $1.79 billion compared to the $1.82 billion average estimate based on six analysts. The reported number represents a change of -4.7% year over year.
Net sales- Makeup: $1.11 billion versus the six-analyst average estimate of $1.01 billion. The reported number represents a year-over-year change of +11.6%.
Net sales- Fragrance: $545 million versus $543.68 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +4.6% change.
Net sales- Hair Care: $164 million versus the six-analyst average estimate of $159.47 million. The reported number represents a year-over-year change of +5.1%.
Net sales- Other: $15 million versus $53.96 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +66.7% change.
Operating Income (Loss)- Skin Care: -$3 million versus $249.81 million estimated by five analysts on average.
Operating Income (Loss)- Makeup: $14 million compared to the -$79.65 million average estimate based on five analysts.
Operating Income (Loss)- Fragrance: $41 million compared to the $19.86 million average estimate based on five analysts.
Operating Income (Loss)- Hair Care: -$3 million compared to the -$12.40 million average estimate based on four analysts.
Shares of Estee Lauder have returned -11.1% over the past month versus the Zacks S&P 500 composite's -3.3% change. The stock currently has a Zacks Rank #5 (Strong Sell), indicating that it could underperform the broader market in the near term.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Compared to Estimates, Estee Lauder (EL) Q4 Earnings: A Look at Key Metrics
For the quarter ended June 2023, Estee Lauder (EL - Free Report) reported revenue of $3.61 billion, up 1.4% over the same period last year. EPS came in at $0.07, compared to $0.42 in the year-ago quarter.
The reported revenue represents a surprise of +3.72% over the Zacks Consensus Estimate of $3.48 billion. With the consensus EPS estimate being -$0.04, the EPS surprise was +275.00%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Estee Lauder performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Net sales- The Americas: $1.07 billion versus the seven-analyst average estimate of $1.13 billion. The reported number represents a year-over-year change of -0.5%.
- Net sales- Europe the Middle East & Africa: $1.25 billion versus $1.27 billion estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a -15.3% change.
- Net sales- Asia/Pacific: $1.30 billion versus the seven-analyst average estimate of $1.05 billion. The reported number represents a year-over-year change of +29.4%.
- Net sales- Skin Care: $1.79 billion compared to the $1.82 billion average estimate based on six analysts. The reported number represents a change of -4.7% year over year.
- Net sales- Makeup: $1.11 billion versus the six-analyst average estimate of $1.01 billion. The reported number represents a year-over-year change of +11.6%.
- Net sales- Fragrance: $545 million versus $543.68 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +4.6% change.
- Net sales- Hair Care: $164 million versus the six-analyst average estimate of $159.47 million. The reported number represents a year-over-year change of +5.1%.
- Net sales- Other: $15 million versus $53.96 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +66.7% change.
- Operating Income (Loss)- Skin Care: -$3 million versus $249.81 million estimated by five analysts on average.
- Operating Income (Loss)- Makeup: $14 million compared to the -$79.65 million average estimate based on five analysts.
- Operating Income (Loss)- Fragrance: $41 million compared to the $19.86 million average estimate based on five analysts.
- Operating Income (Loss)- Hair Care: -$3 million compared to the -$12.40 million average estimate based on four analysts.
View all Key Company Metrics for Estee Lauder here>>>Shares of Estee Lauder have returned -11.1% over the past month versus the Zacks S&P 500 composite's -3.3% change. The stock currently has a Zacks Rank #5 (Strong Sell), indicating that it could underperform the broader market in the near term.