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Fly News Breaks for May 4, 2017
EL
May 4, 2017 | 07:07 EDT
Wells Fargo says that Estee Lauder reported "strong," "broad-based" Q3 results, The firm says that the company's growth in China was "impressive," and it thinks the company's results mitigate concerns about its growth. Wells expects the company to recover further in coming quarters and it keeps an Outperform rating on the shares.
News For EL From the Last 2 Days
EL
Apr 18, 2024 | 12:06 EDT
EL
Apr 18, 2024 | 04:46 EDT
Deutsche Bank placed a "Catalyst Call: Buy" on Estee Lauder as a short-term investment idea. The analyst views the setup into Estee's fiscal Q3 results on May 1 "skewing positively." The firm sees the company as likely to report "in-line-to-better" results versus Street estimates, including confirmation that long-standing China travel retail inventory backlogs have been cleared, while reiterating fiscal 2024 guidance.
