These Analysts Revise Their Forecasts On Estee Lauder After Q2 Earnings

Benzinga
Feb 07

Estee Lauder Companies, Inc. (NYSE:EL) reported stronger-than-expected quarterly results on Thursday, driven by broad-based demand across regions and categories across its prestige beauty portfolio.

The company reported second-quarter adjusted earnings per share of 89 cents, beating the analyst consensus estimate of 83 cents. Quarterly sales of $4.229 billion (+6% year over year) outpaced the Street view of $4.219 billion.

"In this pivotal year, Beauty Reimagined has invigorated our business as we execute the biggest operational, leadership, and cultural transformation in our history," said Stéphane de La Faverie, President and CEO.

The firm raised its fiscal 2026 adjusted earnings forecast to $2.03-$2.23 per share from $1.90-$2.10, compared with analysts' estimates of $2.15. It raised its fiscal 2026 sales forecast to $14.756 billion–$15.042 billion from $14.613 billion–$15.042 billion, compared with analysts' estimates of $14.934 billion.

Estee Lauder shares gained 5.1% to trade at $101.59 on Friday.

These analysts made changes to their price targets on Estee Lauder following earnings announcement.

  • Wells Fargo analyst Christopher Carey maintained Estee Lauder with an Equal-Weight rating and lowered the price target from $111 to $105.
  • Telsey Advisory Group analyst Dana Telsey maintained Estee Lauder with a Market Perform and maintained a $105 price target.
  • Citigroup analyst Filippo Falorni upgraded Estee Lauder from Neutral to Buy and maintained the price target of $120.

Considering buying EL stock? Here’s what analysts think:

Photo via Shutterstock

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