The Zhitong Finance App learned that before the US stock market on November 2, the profit announced by Estée Lauder (EL.US) was better than expected and the performance outlook was raised. Financial reports showed net sales of $37.15 billion for the quarter, up 7% year over year, above market expectations of about $3.65 billion; adjusted diluted earnings of $0.72 per share, far exceeding analysts' expectations of about $0.51; GAAP earnings per share of $0.64, compared to $0.13 for the same period last year.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.