Estee Lauder beats by $0.08, beats on revs; guides Q1 EPS above consensus, revs above consensus; guides FY18 EPS above consensus, revs above consensus(98.32 )
- Reports Q4 (Jun) earnings of $0.51 per share, excluding non-recurring items, $0.08 better than the Capital IQ Consensus of $0.43; revenues rose 9.4% year/year to $2.89 bln vs the $2.86 bln Capital IQ Consensus.
Outlook
- Co issues upside guidancefor Q1, sees EPS of $0.94-0.97 vs. $0.92 Capital IQ Consensus Estimate; sees Q1 revs of +9-10% YoY to ~$3.12-3.15 bln vs. $3.08 bln Capital IQ Consensus Estimate.
- Co issues upside guidancefor FY18, sees EPS of $3.87-3.94 vs. $3.78 Capital IQ Consensus Estimate; sees FY18 revs of +8-9% YoY to ~$12.7-12.9 bln vs. $12.59 bln Capital IQ Consensus Estimate.
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