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EL / Estée Lauder: Navigating Towards Technical Support Despite Financial Headwinds

Estée Lauder: Navigating Towards Technical Support Despite Financial Headwinds
Estée Lauder's net sales for fiscal 2023 decreased due to challenges in the Asia travel retail sector. Despite the decline, there was noticeable growth in many markets across Asia/Pacific and Europe, the Middle East & Africa, with the Fragrance segment performing well. Estée Lauder's stock shows a pronounced bearish trend but is approaching crucial support areas, indicating potential investment prospects. Read More
Posted: Oct 16 2023, 07:34
Author Name: Seeking Alpha
Views: 112542

EL News  

Today's most attractive beauty stock has double-digit potential

By MarketBeat
November 3, 2023

Today's most attractive beauty stock has double-digit potential

Estee Lauder Companies Inc. NYSE: EL is on track to regain traction. Despite solid trends in the beauty category, it faces substantial headwinds with more_horizontal

What's Next For Estee Lauder Stock After A 19% Fall Earlier This Week?

By Forbes
November 3, 2023

What's Next For Estee Lauder Stock After A 19% Fall Earlier This Week?

Estee Lauder (NYSE: EL) reported its Q1'24 results earlier this week (the fiscal year ends in June), with revenues meeting and earnings beating the st more_horizontal

Beauty Giant Estée Lauder's Stock Crashes 19% To 6-Year Low—Heirs Lose Nearly $3 Billion

By Forbes
November 1, 2023

Beauty Giant Estée Lauder's Stock Crashes 19% To 6-Year Low—Heirs Lose Nearly $3 Billion

The five billionaire Lauder heirs correspondingly lost a combined $2.9 billion Wednesday. more_horizontal

Estee Lauder (EL) Lowers FY24 View Despite Q1 Earnings Beat

By Zacks Investment Research
November 1, 2023

Estee Lauder (EL) Lowers FY24 View Despite Q1 Earnings Beat

Estee Lauder's (EL) first-quarter fiscal 2024 results reflect lower net sales and earnings. Management lowered the fiscal 2024 view on incremental ext more_horizontal

Estée Lauder down 17% after it downgrades forecasts amid sluggish demannd from Asia

By Proactive Investors
November 1, 2023

Estée Lauder down 17% after it downgrades forecasts amid sluggish demannd from Asia

Shares in Estée Lauder Companies Inc tanked 17% after the company cut its annual financial outlook, citing weaker demand in China and other Asian ma more_horizontal

The Estée Lauder Companies to Webcast Discussion of Fiscal 2024 First Quarter Results on November 1, 2023

By Business Wire
October 24, 2023

The Estée Lauder Companies to Webcast Discussion of Fiscal 2024 First Quarter Results on November 1, 2023

NEW YORK--(BUSINESS WIRE)--The Estée Lauder Companies Inc. (NYSE: EL) will release its fiscal 2024 first quarter results on November 1, 2023. On that more_horizontal

Estée Lauder 1Q earnings to highlight beauty giant's ongoing challenges

By Proactive Investors
October 23, 2023

Estée Lauder 1Q earnings to highlight beauty giant's ongoing challenges

Estee Lauder Companies Inc (NYSE:EL) is expected to report a year-over-year drop in sales and earnings for its fiscal first quarter when it reports on more_horizontal

Estee Lauder: Slowly Getting Prettier

By Seeking Alpha
October 20, 2023

Estee Lauder: Slowly Getting Prettier

Estee Lauder shares have fallen 25% since the summer due to a lack of earnings recovery and a modest outlook for sales growth. The company has a stron more_horizontal


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