** Shares of cosmetics giant Estee Lauder <EL.N> up ~5% at $62.97 premarket** Co posts smaller-than-expected drop in quarterly sales

** Co's Q3 net sales fall 10% to $3.55 billion vs analysts' estimates of a fall of 10.72% to $3.52 billion, according to data compiled by LSEG

** Logs quarterly adjusted profit of 65 cents per share vs estimates of 32 cents per share

** Expects net sales for fiscal 2025 to be down 8% to 9% vs estimates of a 7.07% fall** Up to last close, stock down about 20% YTD

(Reporting by Anuja Bharat Mistry in Bengaluru)

((AnujaBharat.Mistry@thomsonreuters.com))