Investing.com - Estee Lauder (NYSE:EL) reported third quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $1.55 on revenue of $3.74B. Analysts polled by Investing.com forecast EPS of $1.3 on revenue of $3.57B. That compared to EPS of $1.17 on revenue of $3.37B in the same period a year earlier. The company had reported EPS of $1.74 on revenue of $4.01B in the previous quarter.
For the year, Estee Lauder shares are up 32.06%, outperforming the S&P 500 which is up 18.93% year to date.
Estee Lauder follows other major Consumer/Non-Cyclical sector earnings this month
On Tuesday, April 23, 2019, Procter&Gamble reported third quarter EPS of $1.06 on revenue of $16.46B, compared to forecasts of EPS of $1.03 on revenue of $16.36B.
Coca-Cola earnings beat analyst's expectations on Tuesday, April 23, 2019, with first quarter EPS of $0.48 on revenue of $8.02B. Investing.com analysts expected EPS of $0.46 on revenue of $7.88B
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