What to Expect From The Estée Lauder’s Q3 Results?
<p>Analysts at Oppenheimer provided their outlook on <a href='https://financialmodelingprep.com/financial-summary/EL'>The Estée Lauder Companies Inc. (NYSE:EL) </a>ahead of the company’s Q3 results, expected to be reported on May 3.</p>
<p>Overall, the analysts expect another strong delivery, with organic sales growth at least at the high end of management's +8-10% guidance. The analysts believe a continued recovery in markets such as the US and Europe should more than offset recent challenges in China related to lockdowns.</p>
<p>However, on the negative side, amid ongoing COVID-19 headwinds in China, macro uncertainty, and FX headwinds, the analysts believe management could lower full-year guidance. They see a new EPS range bracketing their $7.25 estimate, compared to the prior guidance of $7.43 - $7.58.</p>

NYSE:EL