Investing.com - Estee Lauder (NYSE:EL) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Estee Lauder announced earnings per share of $0.78 on revenue of $3.94B. Analysts polled by Investing.com anticipated EPS of $0.5072 on revenue of $3.74B.
Estee Lauder shares are up 19% from the beginning of the year, still down 5.17% from its 52 week high of $336.48 set on July 29. They are outperforming the S&P 500 which is up 17.15% from the start of the year.
Estee Lauder follows other major Consumer/Non-Cyclical sector earnings this month
Estee Lauder's report follows an earnings beat by Coca-Cola on July 21, who reported EPS of $0.68 on revenue of $10.1B, compared to forecasts EPS of $0.5625 on revenue of $9.31B.
Anheuser Busch ADR had beat expectations on July 29 with second quarter EPS of $0.95 on revenue of $13.54B, compared to forecast for EPS of $0.871 on revenue of $13.39B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar