+1.45% to $93.30 from $91.97
What moved EL
- Barclays upgraded Estée Lauder to Outperform from Sector Perform and raised its price target to $108 from $97.
- Barclays said the company’s “Beauty Reimagined” turnaround plan is positioned to deliver organic growth, cost cuts and improved earnings.
Sources: 24/7 Wall St.
+16.30% to $98.01 from $84.27
What moved EL
- Fiscal Q4 adjusted EPS was $0.39 versus the $0.32 analysts expected, while revenue rose 6% year over year to $3.63 billion versus a $3.54 billion estimate.
- Full fiscal year 2026 net sales rose 5% to $15.0 billion, with adjusted diluted EPS of $2.51 versus $1.51 a year earlier.
- Fiscal 2027 guidance calls for adjusted EPS of $3.10 to $3.35, whose midpoint sits above the $3.18 analyst consensus, alongside forecast organic net sales growth of 3% to 5%.
- Management also lifted its fiscal 2027 adjusted operating margin outlook to a range of 12.7% to 13.5%.
- Shares jumped 17.7% to $99.15 in Wednesday trading following the report.
Sources: Yahoo Finance · X (Wall St Engine) · Benzinga