Estée Lauder with a price jump of 16.3%! Will the cosmetics company achieve a sustainable turnaround now?
Reading Time: 3 minutes
Price fireworks: Estée Lauder's stock climbed 16.3% to over $98, driven by better-than-expected quarterly results Margin recovery: Revenue increased by 6% in Q4 to $3.63 billion and earnings per share were significantly above the expected $0.32 at $0.39 Efficiency program in action: The restructuring plan PRGP delivers up to $1.2 billion in annual savings and raises the margin outlook for 2027 A price jump of 16.30% to over $98 catapulted Estée Lauder's (EL) stock upwards following the release of the Q4 results for the fiscal year...
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