What to Expect From The Estée Lauder’s Upcoming Q4 Earnings Results?
<p>Oppenheimer analysts 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 earnings results, expected to be announced on Aug 18. The analysts anticipate a softish Q4 delivery driven by significant COVID-19 challenges in Mainland China, reduced travel to the Hainan corridor, and now material FX headwinds.</p> 
<p>The analysts assume management can still deliver within its prior implied Q4 EPS guidance range of $0.23-0.33 even with more material FX headwinds. With Q4 severely impacted by mostly transitory headwinds, the analysts believe the focus is primarily on the upcoming guide. </p>
<p>The analysts continue to feel comfortable with management's ability to drive at least 6-8% constant-currency sales growth and over 10% constant-currency EPS growth in 2023. The analysts believe management could guide 2023 closer to $7.40-7.70, well below an $8.05 Street estimate.</p>

NYSE:EL