-=Estee Lauder (EL) reported earnings on Wed 1 Nov 2017 (b/o)

• Oct. 25; #15; vol. 1.9M   +9%

Estee Lauder beats by $0.24, beats on revs; guides Q2 EPS below consensus, revs above consensus; guides FY18 EPS below consensus, revs above consensus 

• Reports Q1 (Sep) earnings of $1.21 per share, excluding non-recurring items, $0.24 better thanthe Capital IQ Consensus of $0.97; revenues rose 14.3% year/year to $3.27 bln vs the $3.16 bln Capital IQ Consensus.
• Co issues mixed guidance for Q2, sees EPS of $1.31-1.34, excluding non-recurring items, vs. $1.41 Capital IQ Consensus Estimate; sees Q2 revs of $3.7-3.77 bln vs. $3.54 bln Capital IQ Consensus Estimate.
• Co issues mixed guidance for FY18, sees EPS of $3.88-3.96, excluding non-recurring items, vs. $3.98 Capital IQ Consensus Estimate; sees FY18 revs of $13.08-13.13 bln vs. $12.87 bln Capital IQ Consensus Estimate.
• "We delivered an outstanding financial performance in our fiscal 2018 first quarter, demonstrating the power of our diverse brand portfolio to leverage our multiple engines of growth. Building on the global momentum of the last fiscal year, we benefitted from a continued acceleration in China, Hong Kong, travel retail and global online, strength in several developed and emerging markets in Europe, and incremental sales from Too Faced and BECCA.