Edition:
United Kingdom

Estee Lauder Cos Q4 Earnings Per Share $0.49


Monday, 20 Aug 2018 

Aug 20 (Reuters) - Estee Lauder Companies Inc ::THE ESTÉE LAUDER COMPANIES DELIVERS OUTSTANDING FISCAL YEAR 2018 RESULTS.Q4 SALES $3.3 BILLION VERSUS I/B/E/S VIEW $3.25 BILLION.SEES Q1 2019 EARNINGS PER SHARE $1.18 TO $1.22 EXCLUDING ITEMS.STRONG CONSTANT CURRENCY GROWTH EXPECTED TO CONTINUE IN FISCAL 2019.Q4 EARNINGS PER SHARE $0.49.SEES FULL YEAR FISCAL 2019 REPORTED NET SALES TO INCREASE BETWEEN 4% AND 5%.SEES FULL YEAR FISCAL 2019 REPORTED DILUTED NET EARNINGS PER SHARE TO BE BETWEEN $4.38 AND $4.51.SEES Q1 REPORTED DILUTED NET EARNINGS PER SHARE ARE PROJECTED TO BE BETWEEN $1.07 AND $1.12.ESTEE LAUDER COMPANIES - DILUTED EARNINGS PER SHARE ARE EXPECTED TO INCREASE BETWEEN 9% AND 11% FOR FY FISCAL 2019.ESTEE LAUDER COMPANIES - EXCLUDING RESTRUCTURING & OTHER CHARGES, DILUTED NET EARNINGS PER SHARE ARE PROJECTED TO BE BETWEEN $1.18 AND $1.22 IN Q1.EXPECTS TO TAKE CHARGES ASSOCIATED WITH LEADING BEAUTY FORWARD OF ABOUT $50 MILLION TO $55 MILLION IN Q1.ESTEE LAUDER - EXPECTS TO TAKE CHARGES IN FISCAL 2019 OF ABOUT $100 MILLION TO $120 MILLION.ESTEE LAUDER COMPANIES -ADOPTION OF NEW REVENUE RECOGNITION ACCOUNTING STANDARD EXPECTED TO REDUCE DILUTED NET EARNINGS PER SHARE BY ABOUT $.07 FOR Q1.EXCLUDING ITEMS, NET SALES ARE EXPECTED TO GROW BETWEEN 9% AND 10% IN Q1.EXCLUDING ITEMS, NET SALES ARE FORECASTED TO GROW BETWEEN 7% AND 8% IN FY 2019.ESTEE LAUDER COMPANIES - EXCLUDING ITEMS, NET SALES ARE FORECASTED TO GROW BETWEEN 7% AND 8% FOR FY 2019. 

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