Estee Lauder EPS Beats Forecast as Investors Add Shares
Multiple investors increased positions in Estee Lauder, buying shares worth about $854,000, and smaller new stakes valued at roughly $27,000 and $36,000. The company posted $0.39 EPS for the quarter, exceeding analysts’ $0.32 consensus by $0.07. Analysts raised price targets, while the dividend payout ratio was cited at 285.71%.