doubledragonarcademachine| Estee Lauder fell 9.7% FY2024 Adjusted earnings per share were lower than expectations

2024-05-02

Gelonghui May 1| Estee Lauder (ELdoubledragonarcademachine.US) fell 9.72% to $132.445. Estee Lauder's fiscal third-quarter net sales were US$3.94 billion, slightly higher than market expectationsdoubledragonarcademachineThe company was $3.92 billion; adjusted earnings per share was $0.97, up from $0.47 in the same period last year, and the market expectation was $0.50. The company now expects adjusted earnings per share for fiscal 2024 of $2.14 to $2.24, compared to previous expectations of $2.08 to $2.23 and market expectations of $2.25.

doubledragonarcademachine| Estee Lauder fell 9.7% FY2024 Adjusted earnings per share were lower than expectations