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Estée Lauder Beats Wall Street Estimates for Fiscal Q1 Net Income and Revenue

Associated Press +5 · ·by G4L

EL Estee Lauder Cos. Inc
$113.16 +2.82%
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  1. 1Estée Lauder reported fiscal Q1 net income of $233 million.
  2. 2Estée Lauder achieved revenue of $3.72 billion during the period.
  3. 3Estée Lauder expects annual earnings per share to be in the range of $3.20 to $3.45.

So what's the key point?

Estée Lauder earned more money in the first quarter than experts expected. The company expects to make between $3.20 and $3.45 in profit per share over the next year.

Source Associated Press +5 · View original ↗

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