Estee Lauder Cos.
EL,
+2.40%

reported fiscal fourth-quarter net income of $1.018 billion, or $2.76 per share, after a loss of $4.62 million, or $1.28 per share, last year. Adjusted EPS of 78 cents beat the FactSet consensus for 50 cents. Sales of $3.936 billion were up from $2.430 billion last year and also ahead of the FactSet consensus for $3.751 billion. For the year, skin care, hair care and fragrance sales grew, while makeup declined. For the fiscal first-quarter, Estee Lauder is guiding for a reported net sales to increase 17% to 19%, EPS between $1.49 and $1.61 and adjusted EPS of $1.55 and $1.65. The FactSet consensus is for sales of $4.207 billion, implying an increase of 18.1%, and EPS of $1.84. For the full year, Estee Lauder is guiding for a reported net sales increase between 13% and 16%, EPS between $7.04 and $7.26 and adjusted EPS between $7.23 and $7.38. The FactSet consensus is for sales of $18.244 billion, implying growth of 12.4%, and EPS of $7.14. Estee Lauder stock edged up 0.9% in Thursday premarket trading, and has jumped nearly 20% for the year to date. The S&P 500 index
SPX,
-0.19%

has gained 17.2% for 2021 so far.

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