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Estee Lauder Companies Inc Comments On Q1 2014 Revenue Guidance; Issues Q1 2014 EPS Guidance Below Analysts' Estimates; Issues FY 2014 Guidance; EPS Guidance Below Analysts' Estimates


Thursday, 15 Aug 2013 07:30am EDT 

Estee Lauder Companies Inc announced that for the first quarter of 2014, it expects net sales to grow between 5% and 7% in constant currency and diluted net earnings per share to be between $.67 and $.71. For fiscal 2014, the Company expects net sales to grow between 6% and 8% in constant currency and diluted net earnings per share (EPS) to be $2.74 to $2.87. The Company reported revenue of $ $10.18 billion in fiscal 2013. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $2.72 billion and EPS of $0.90 for the first quarter of 2014; and revenue of $10.83 billion and EPS of $2.94 for fiscal 2014. 

Company Quote

74.5
-0.19 -0.25%
11 Jul 2014