The Estée Lauder Companies Inc. Q2 Profit Climbs 2%

(RTTNews) - The Estée Lauder Companies Inc. (EL) announced earnings for its second quarter that climbed compared to the same period last year.

The company said its bottom line advanced to $446.2 million, or $1.19 per share. This was up from $435.7 million, or $1.13 per share, in last year's second quarter.

Analysts had expected the company to earn $1.11 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 2.6% to $3.12 billion. This was up from $3.04 billion last year.

The Estée Lauder Companies Inc. earnings at a glance:

-Earnings (Q2): $446.2 Mln. vs. $435.7 Mln. last year. -Earnings Growth (Y-o-Y): 2.4% -EPS (Q2): $1.19 vs. $1.13 last year. -EPS Growth (Y-o-Y): 5.3% -Analysts Estimate: $1.11 -Revenue (Q2): $3.12 Bln vs. $3.04 Bln last year. -Revenue Change (Y-o-Y): 2.6%

-Guidance: Full year EPS guidance: $3.36 - $3.41