Key Developments: Estee Lauder Companies Inc (EL)
71.46USD
20 May 2013
$0.61 (+0.86%)
$70.85
$70.72
$71.69
$70.39
2,160,117
1,751,779
$72.08
$49.81
Latest Key Developments (Source: Significant Developments)
Estee Lauder Companies Inc Reaffirms FY 2013 Revenue Guidance; Raises FY 2013 EPS Guidance
Estee Lauder Companies Inc announced that for fiscal 2013, it expects constant currency sales gains of approximately 6% and raising EPS to a range of $2.56 to $2.61. The Company reported revenue of $9.716 billion in fiscal 2012. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $10.24 billion and EPS of $2.59 for fiscal 2013. Full Article
Estee Lauder Companies Inc Declares Quarterly Dividend Of $.18 Per Share
Estee Lauder Companies Inc announced that it will pay a quarterly dividend of $.18 per share on the Company's Class A and Class B Common Stock on June 17, 2013 to stockholders of record at the close of business on May 31, 2013. Full Article
Estee Lauder Companies Inc Reaffirms FY 2013 Guidance-Conference Call
Estee Lauder Companies Inc announced that for fiscal 2013, it expects constant currency sales gains of 6% to 7% and 11% to 14% earnings per share (EPS) growth. The Company reported revenue of $9.716 billion and EPS of $2.27 in fiscal 2012. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $2.59 for fiscal 2013. Full Article
Estee Lauder Companies Inc Comments On Q3 2013 Revenue Guidance; Issues Q3 2013 EPS Guidance Below Analysts' Estimates; Reaffirms FY 2013 Revenue Guidance; Raises FY 2013 EPS Guidance
Estee Lauder Companies Inc announced that for third quarter of 2013, it expects net sales to increase between 3% and 4% in constant currency. Diluted net earnings per common share (EPS), including charges associated with restructuring activities, are projected to be $0.28-$0.32. Diluted net earnings per common share before charges associated with restructuring activities are projected to be in the range of $.28 to $0.32. The Company reaffirmed fiscal 2013 revenue guidance and expects sales growth forecast of between 6% and 7% in local currency. The Company raised fiscal 2013 earnings per share (EPS) guidance to a range $2.51 to $2.59. The Company reported revenue of $9.716 billion in fiscal 2012. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $2.38 billion for third quarter of 2013; EPS of $0.47 for third quarter of 2013; revenue of $10.29 billion and EPS of $2.57 for fiscal 2013. Full Article
Estee Lauder Companies Inc Declares Quarterly Dividend
Estee Lauder Companies Inc announced that it will pay a quarterly dividend of $0.18 per share on the Company's Class A and Class B Common Stock on March 15, 2013 to stockholders of record at the close of business on February 28, 2013. Full Article
Estee Lauder Companies Inc Comments On Q2 2013 Sales Guidance; Issues Q2 2013 EPS Guidance Below Analysts' Estimates; Updates FY 2013 Guidance To A Range In Line With Analysts' Estimates
Estee Lauder Companies Inc announced that for the second quarter of 2013, it expects net sales to increase between 6% and 7% in constant currency, Diluted net earnings per common share (EPS), including charges associated with restructuring activities, are projected to be $.97 to $1.03. For fiscal 2013, it expects Net sales are forecasted to grow between 6% and 7% in constant currency and diluted net earnings per share (EPS) before charges associated with restructuring activities and the impact of the early extinguishment of debt are now projected to be $2.47 to $2.56. The Company reported revenue of $9.716 billion in fiscal 2012. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $10.242 billion and EPS of $2.56 for fiscal 2013; and revenue of $2.907 billion and EPS of $1.13 for the second quarter of 2013. Full Article
Estee Lauder Companies Inc Declares Annual Dividend
Estee Lauder Companies Inc announced that Board of Directors increased the annual dividend on the Company`s Class A and Class B Common Stock to $.72 per share, a 37% increase over the previous annual rate of $.525 per share. The $.72 per share annual dividend will be payable on December 17, 2012 to stockholders of record at the close of business on November 30, 2012. Full Article
Estee Lauder Companies Inc Reaffirms FY 2013 Revenue Guidance-Conference Call
Estee Lauder Companies Inc announced that for fiscal 2013, it expects local currency sales growth of 6% to 8%. The Company reported revenue of $9.716 billion in fiscal 2012. Full Article
Estee Lauder Companies Inc Issues FY 2013 Mixed Guidance; Comments On Q1 2013 Revenue Guidance; Issues Q1 2013 EPS Guidance Below Analysts' Estimates-Conference Call
Estee Lauder Companies Inc announced that for fiscal 2013, it expects sales growth of 6%-8% (local currency) and diluted EPS of $2.44-2.56 (excluding one-time charge of $0.03 for debt repurchase and restructuring). For the first quarter of 2013, it expects sales growth of 5%-7% (local currency) and diluted EPS of $0.71-0.77 (including negative FX of approx. $0.04). The Company reported revenue of $9.716 billion in fiscal 2012. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $10.259 billion and EPS of $2.57 for fiscal 2013; and revenue of $2.565 billion and EPS of $0.78 for the first quarter of 2013. Full Article
The Estee Lauder Companies Inc. To Issue $500 Million Of Senior Notes
The Estee Lauder Companies Inc. announced the offering and pricing of $250 million of its 2.350% Senior Notes due 2022 and $250 million of its 3.700% Senior Notes due 2042. The offering was made pursuant to an effective registration statement filed by The Estée Lauder Companies Inc. with the Securities and Exchange Commission on July 30, 2012. The closing of the offering is expected to occur on or about August 2, 2012. The Company intends to use approximately $250 million of the net proceeds of the offering to redeem all of its outstanding 7.75% Senior Notes due 2013, and to use the remaining amounts for general corporate purposes, which may include repayment of its outstanding commercial paper as it matures and other indebtedness, acquisitions, working capital, capital expenditures and repurchases of its Class A Common Stock, and to pay transaction fees and expenses related to this offering. Citigroup Global Markets Inc., J.P. Morgan Securities LLC, BNP Paribas Securities Corp. and Goldman, Sachs & Co. were joint book-running managers for the offering. Full Article
BRIEF-Estee Lauder down 3.2 pct premarket after results
NEW YORK, May 2 - Estee Lauder Companies Inc : * Shares down 3.2 percent in premarket trading after results
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