EL is accelerating innovation with faster product development, fueling fragrance growth and targeted launches across beauty categories.
The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
Here is how Estee Lauder (EL) and National Vision (EYE) have performed compared to their sector so far this year.
EL's skin care shows early signs of improvement in the fiscal first quarter, with sales growth and share gains helping offset ongoing pressures.
The Estee Lauder Companies Inc. EL, a leading player in the prestige beauty space, has delivered a strong performance in recent months, with its shares surging 21.9% over the past three months. This rally comfortably outpaces the broader market, as the Zacks Cosmetics industry gained 5.7%, the Zacks Consumer Staples sector edged up just 0.9% and the S&P 500 advanced 6.7% over the same period.
Estee Lauder (EL) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
EL sees fragrance emerge as its strongest category, helping drive a return to positive organic sales growth in the fiscal first quarter.
Finding strong, market-beating stocks with a positive earnings outlook becomes easier with the Zacks Rank.
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
Estee Lauder (EL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Estee Lauder shows signs of North America stabilization as declines ease, but uneven Asia demand and volatile travel retail keep the regional balance in question.
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.