Investing.com - Estee Lauder (NYSE:EL) reported fourth quarter earnings that beat analysts' expectations on Monday and revenue that topped forecasts.
The firm reported earnings per share of $0.64 on revenue of $3.59B. Analysts polled by Investing.com anticipated EPS of $0.53 on revenue of $3.53B. That compared to EPS of $0.61 on revenue of $3.3B in the same period a year earlier. The company had reported EPS of $1.55 on revenue of $3.75B in the previous quarter.
For the year, Estee Lauder shares are up 37.79%, outperforming the S&P 500 which is up 16.62% year to date.
Estee Lauder follows other major Consumer/Non-Cyclical sector earnings this month
On Tuesday, July 30, 2019, Procter&Gamble reported fourth quarter EPS of $1.1 on revenue of $17.09B, compared to forecasts of EPS of $1.05 on revenue of $16.86B.
Coca-Cola earnings beat analyst's expectations on Tuesday, July 23, 2019, with second quarter EPS of $0.63 on revenue of $10B. Investing.com analysts expected EPS of $0.61 on revenue of $9.88B
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