The Estee Lauder Companies Inc. EL is slated to release fourth-quarter fiscal 2019 results on Aug 19. The cosmetics behemoth has a sturdy earnings surprise record, surpassing the Zacks Consensus Estimate at an average of 14.2% in the trailing four quarters.
Let’s see how things are placed ahead of the upcoming quarterly release.
Robust Brands & Sales Channels are Upsides
Estee Lauder boasts solid demand for its premium products. Well, the company’s strong footing in the growing global prestige beauty industry is expected to aid performance in the fourth quarter. Moreover, it undertakes…