Jefferies increased its price target for Estée Lauder to $100, citing strong fiscal Q4 results with net sales up 6% to $3.63 billion and adjusted EPS rising to $0.39, beating expectations. Growth was driven by skincare, fragrance, and makeup segments, though hair care sales slightly declined. Estée Lauder plans $1.2 billion in cost savings by 2028 and projects 3-5% organic sales growth for fiscal 2027 with adjusted EPS guidance of $3.10 to $3.35. Despite strong performance, some analysts note the stock's valuation at 25 times projected 2028 EPS is high for its growth rate.
Estee Lauder reported strong Q4 results with organic sales up 5% and earnings per share beating estimates, which led to a 16% rally in its stock price. The company aims to save $1.2 billion by 2028 through cost-cutting measures including headcount re...
Estée Lauder reported quarterly earnings per share of $0.39, surpassing analyst estimates of $0.32, and revenue of $3.62 billion, exceeding expectations. The company showed 5% organic sales growth for the fourth consecutive quarter and raised its ful...
IBM achieved a key milestone by linking and cooling two cryogenic modules, moving closer to a fault-tolerant quantum computer with plans for 1,000 qubits next year. Target reported strong Q2 results, surpassing earnings and sales expectations despite...
Estée Lauder reported a strong fiscal Q4 with $3.6 billion revenue, beating estimates and a 95% rise in adjusted operating income. The company raised its profit margin forecast for fiscal 2027 and expects growth in makeup, skin care, and fragrance ca...
Next week, key retail earnings from Walmart, Target, and Home Depot will provide insights into the health of the U.S. consumer amid high borrowing costs and a slow housing market. Home Depot's report will highlight home improvement demand, Target's w...
