Estee Lauder: Buy or Sell?

Filed under: Earnings Reports, Estee Lauder (EL)

Estee Lauder (EL) reported fiscal Q4 earnings on Thursday. They unfortunately didn't meet the market's expectations. Today, the shares are under a bit of selling pressure. But is the dip an opportunity?



According to the AP, the year-over-year profit growth wasn't so bad. On an adjusted basis, the beauty business made 29 cents per share in the recently completed quarter versus booking 20 cents per share in the previous year's similar period. Sounds fine, of course, but there is the analyst game to consider. On that front, the company lost. The call was set at 30 cents per share. For the want of a penny, my friends.

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Estee Lauder: Buy or Sell? originally appeared on BloggingStocks on Fri, 13 Aug 2010 17:20:00 EST. Please see our terms for use of feeds.

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