Estee Lauder beats by $0.12, beats on revs; guides Q2 EPS below consensus; reaffirms FY16 guidance :
- Reports Q1 (Sep) earnings of $0.82 per share, $0.12 better than the Capital IQ Consensus of $0.70; revenues rose 7.7% year/year to $2.83 bln vs the $2.78 bln Capital IQ Consensus.
- Co issues downside guidance for Q2, sees EPS of $1.04-1.08 vs. $1.20 Capital IQ Consensus Estimate.
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