Changes in US stocks | Estée Lauder (EL.US) surged more than 17%, fourth quarter results exceeded expectations

The Zhitong Finance App learned that on Wednesday, Estée Lauder (EL.US) surged more than 17% to $98.95. According to the news, on August 19, Estée Lauder announced its fourth fiscal quarter results, with adjusted earnings of $0.39 per share, exceeding analysts' unanimous expectations of $0.32 billion; quarterly revenue of US$3.627 billion, exceeding analysts' unanimous expectations of US$3,543 million.

The company's CEO said growth has returned, and organic sales increased 3% in FY2026 and accelerated to 5% in the fourth fiscal quarter. The company reiterated that the profit recovery and growth plan PRGP is expected to be basically completed in the 2027 fiscal year.