Estee Lauder Reaffirms Full-year Forecast Despite Japan Impact - Update - Beauty Plane

Estee Lauder Reaffirms Full-year Forecast Despite Japan Impact - Update

Cosmetics company Estee Lauder Companies Inc. Friday reaffirmed its earnings and sales growth forecast for fiscal 2011, despite the recent tragic earthquake in Japan. Earnings per share are still expected to be between $3.20 and $3.43, and adjusted earnings are expected to remain between $3.40 and $3.60 per share. The earnings outlook is higher than last year's results, but below current market ...

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Source: RTT News

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