0811 GMT - EssilorLuxottica's first-quarter update shows the Ray-Ban maker's resilience, but consensus estimates might still turn more cautious in light of uncertainty about the economy, tariffs and currency movements, Jefferies analysts say in a research note. The European eyecare company didn't provide formal guidance, but the gathering clouds might lead to lower expectations, Jefferies says. "Overall, we would not be surprised to see reported sales growth landing around 3%-4%, vs 7%-8% currently," the analysts say. Consensus estimates point to 2025 sales growth of 7.7% at constant currency, they add. In the first quarter, EssilorLuxottica reported sales growth of 7.3% at constant exchange rates, missing expectations of 8.1%, according to Jefferies. Shares fall 3.6%. (adria.calatayud@wsj.com)
(END) Dow Jones Newswires
April 24, 2025 04:11 ET (08:11 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。