FMP
The Estée Lauder’s Upcoming Q2 Results Preview
Jan 23, 2023 8:48 PM - Davit Kirakosyan(Last modified: Dec 19, 2023 5:49 PM)
Image credit: FMP
Deutsche Bank analysts provided their outlook on The Estée Lauder Companies Inc. (NYSE:EL) ahead of the company’s upcoming Q2/23 results, scheduled to be reported on February 2.
Acknowledging a wide range of potential outcomes, the analysts expect the company to deliver Q2 results slightly ahead of its own outlook, mainly owing to less adverse FX trends.
Despite this favorability, the analysts believe the company will broadly (and prudently) reaffirm its fiscal 2023 EPS outlook, as benefits from FX improvement are offset by absorbing dilution from the Tom Ford acquisition and lingering uncertainty regarding the pacing of recovery of normal demand in China near term and risks of degrading demand in the US/Europe.
The analysts raised their price target on the company’s shares to $290 from $266 while maintaining their Buy rating.
Other Blogs
Oct 31, 2023 8:03 AM - Parth Sanghvi
FCFF vs FCFE: What's the Difference?
Free cash flow to the firm (FCFF) and free cash flow to equity (FCFE) are two of the most important metrics used in financial modeling. Both metrics measure the amount of cash that is available to a company's shareholders and creditors, but there is a key difference between the two. FCFF measures...
Nov 25, 2023 6:39 AM - Parth Sanghvi
DCF Valuation vs. Comparable Companies Analysis: Choosing the Right Valuation Method
Choosing the Right Valuation Method: DCF vs. Comparable Companies Analysis Introduction: Valuation methods play a pivotal role in determining the fair value of a company, aiding investors in making informed investment decisions. Two commonly used methods, DCF Valuation and Comparable Companies A...
Dec 23, 2023 2:19 AM - Parth Sanghvi
Understanding the Limitations of DCF Analysis: A Guide to Overcoming Challenges
Introduction: Discounted Cash Flow (DCF) analysis stands as a cornerstone in valuing investments, yet its efficacy is contingent upon various assumptions and methodologies. While a powerful tool, DCF analysis comes with inherent limitations and challenges that investors must acknowledge to make i...
