Estee Lauder Cos. Cl A (EL) News
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EL News Highlights
- EL's 30 day story count now stands at 23.
- Over the past 18 days, the trend for EL's stories per day has been choppy and unclear. It has oscillated between 1 and 19.
- DELL, DOW and STAY are the most mentioned tickers in articles about EL.
Latest EL News From Around the Web
Below are the latest news stories about Estee Lauder Companies Inc that investors may wish to consider to help them evaluate EL as an investment opportunity.
Shares of Estee Lauder (EL) plunged 7.94% yesterday, despite the company reporting better-than-expected sales and earnings in 3Q 2021. The sell-off came on the back of the company’s warning of potential continued weakness in retail traffic owing to COVID-19 restrictions. COVID-19 remains a big headwind disrupting the company's operating environment. Estee Lauder delivered a 16% increase in net sales to $3.35 billion. Sales grew in every region and across most business units, reflecting the ongoing recovery. The company also bounced back to profitability posting net earnings of $456 million compared to a net loss of $6 million in the prior-year period. Net earnings per common share came in at $1.
So what will the stock market do today?
After several tireless days we have finished crunching the numbers from nearly 900 13F filings issued by the elite hedge funds and other investment firms that we track at Insider Monkey, which disclosed those firms’ equity portfolios as of December 31st. The results of that effort will be put on display in this article, as […]
The Estée Lauder Companies Inc. (EL) CEO Fabrizio Freda on Q3 2021 Results - Earnings Call Transcript
The Estée Lauder Companies Inc. (EL) Q3 2021 Earnings Conference Call May 3, 2021 09:30 AM ET Company Participants Rainey Mancini - SVP, IR Fabrizio Freda - President and CEO Tracey Travis - EVP, Finance and CFO Conference Call Participants Lauren Lieberman - Barclays Erinn Murphy - Piper Sandler Nik...
The Estee Lauder Companies (NYSE: Full story available on Benzinga.com
The S&P 500 and the Dow indexes ended higher on Monday amid a largely upbeat earnings season, while the Nasdaq came under pressure from declines in some high-flying growth stocks, as the rotation into cyclical and "economy reopening" stocks continued. Economy-sensitive cyclical S&P 500 sectors such as consumer staples, energy, and materials outperformed sectors housing growth stocks, including technology and communication services,.
The S&P 500 and the Dow indexes ended higher on Monday amid a largely upbeat earnings season, while the Nasdaq came under pressure from declines in some high-flying growth stocks, as the rotation into cyclical and "reopening" stocks continued. Economy-sensitive cyclical S&P 500 sectors such as consumer staples, energy, and materials outperformed sectors housing growth stocks, including technology and communication services,.
Estee Lauder (ticker: EL) said Monday it earned $456 million, or $1.24 a share, in its fiscal third quarter, compared with a loss of 2 cents a share in the year-earlier period, when many locations began to shut due to the Covid-19 pandemic. On an adjusted basis, which excludes one-time items, earnings per share were $1.62. Skincare and fragrance sales were up 28% and 27%, respectively, on a constant currency basis.
For opening remarks and introductions, I would like to turn the call over to the senior vice president of investor relations, Ms. Rainey Mancini. On today's call are Fabrizio Freda, president and chief executive officer; and Tracey Travis, executive vice president and chief financial officer.
Julie Hyman, Brian Sozzi and Myles Udland discuss some of Monday’s early movers, including Estée Lauder — which came in short of analysts’ estimates — and biotech company Vaxart.