ET 23:02

Estée Lauder (EL) Set to Report Q4 Earnings: Revenue and EPS Beats Expected

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Earnings

[Para 1: The Lead] Estée Lauder (NYSE:EL) is poised to report a strong Q4 earnings, surpassing revenue and EPS expectations. The company's revenues are forecasted to grow 5.3% year over year to $4.22 billion, a significant rebound from the previous year's decline. Analysts anticipate adjusted earnings per share of $0.83. [Para 2-3: Supporting details & Context] Last quarter, Estée Lauder exceeded revenue estimates by 2.9% and EPS by a notable margin. The company has a history of meeting or exceeding Wall Street's revenue expectations, with an average beat of 1.1%. Compared to peers, J&J Snack Foods reported a 5.2% year-over-year revenue decline, missing estimates, while Tyson Foods saw a 5.1% increase, topping forecasts. Estée Lauder's stock is up 7.2% in the past month, with an average analyst price target of $109.75, indicating positive investor sentiment.

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