Estee Lauder is trading at $98.72 (+17.15%) after reporting fiscal fourth-quarter revenue of $3.63 billion, surpassing the $3.54 billion expected by analysts.
- Management issued a strong fiscal 2027 outlook, projecting adjusted EPS of $3.10β$3.35, which sits above the $3.18 analyst midpoint.
- The rally is supported by signs of a successful turnaround strategy, driven by a recovery in the China market and resilient demand for premium fragrances.