The Estée Lauder Companies Inc. (EL) earnings on August 19, 2026

Before the market opens Q2 2026

More The Estée Lauder Companies Inc. earnings

Prior outlook: Optimistic Outcome: Accurate

Estee Lauder shares jumped after earnings, closing up 16.39%. The strong positive reaction matched expectations for better results.

EL price around the earnings

98.01

Change: +16.3%

2026-08-19, 20:00 UTC

Start of the measured window End of the measured window
84.27 89.43 94.60 99.76 84.27
Price series around the eventClosing price per minute from before the event to the end of the measured window.
August 19, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • Start of the measured window
  • End of the measured window
  • Market open
  • Starting price
Price series around the event

Prior thesis

Prior outlook: Optimistic Outcome: Accurate

Thesis published
Results released

Optimistic outlook, but volatile

Analysts see an optimistic outlook: exceptional past earnings beats and expectations of higher Q4 earnings, but mixed analyst ratings and high expected price swings add uncertainty.

Context analyzed before publication

Summary
Optimistic outlook, but volatile
Playbook
The stock has a strong recent earnings history and positive trend, but analyst ratings are mixed and the expected price move around earnings is large.
Trend
Outlook rebounded, but unstable

Analysts

Drivers

  • Analysts Neutral

    Mixed analyst consensus with a mean rating of 2.36 (leaning Hold) but a price target about 13.7% above the current price.

Evidence

Analyst consensus
Buy
Consensus average (1-5)
2.36
Analysts covering the stock
26
Average price target
95.85
Lowest price target
70
Highest price target
125
Upside to price target
13.7%
Quarterly earnings growth
-44%
Revenue growth
4.6%
Forward EPS
3.18
Trailing EPS
-0.7
Analyst moves in the last 60 days
6
  • Strong buy: 6
  • Buy: 7
  • Hold: 14
  • Sell: 1
  • Strong sell: 0
Strong buy
6
Buy
7
Hold
14
Sell
1
Strong sell
0
  • August 17, 2026 · RBC Capital: Reiterates rating (Outperform → Outperform)
  • July 28, 2026 · Jefferies: Maintains rating (Hold → Hold)
  • July 21, 2026 · TD Cowen: Maintains rating (Hold → Hold)
  • July 21, 2026 · Barclays: Maintains rating (Equal-Weight → Equal-Weight)
  • July 16, 2026 · JP Morgan: Maintains rating (Overweight → Overweight)
  • July 16, 2026 · UBS: Maintains rating (Neutral → Neutral)

News and sentiment

Evidence

Sentiment
Sentiment
Constructive
Mention volume
High
Normalized volume
99%
News
Sources (6)

Technicals

Drivers

  • Technical Negative

    High implied volatility (1.5635) and an 8.18% implied move suggest significant price sensitivity to earnings.

Evidence

Price when the context was analyzed
84.22
Average true range (ATR)
2.5%
Distance to 52-week high
-29.1%
14-day change (14d)
-3.2%
30-day change (32d)
+2.5%
30-day relative strength
-0.7%
SPY change (32d)
+3.2%
Nearest support
84.07
Distance to nearest support
0.2%
Nearest resistance
84.61
Distance to nearest resistance
0.5%
Volume accumulation ratio (14d / 46d)
0.72
  • Mid: 84.07 (0.2% away, 0.07 ATR, 26 touches)
  • Major: 83.21 (1.2% away, 0.48 ATR, 37 touches)
  • Major: 82.68 (1.8% away, 0.73 ATR, 21 touches)
  • Major: 84.61 (0.5% away, 0.19 ATR, 30 touches)
  • Major: 85.1 (1.1% away, 0.42 ATR, 41 touches)
  • Major: 86.04 (2.2% away, 0.87 ATR, 22 touches)

Trends

Evidence

Average earnings surprise
+32.4%
  • May 1, 2026: actual EPS 0.91 vs estimate 0.65 (surprise +40.2%)
  • February 5, 2026: actual EPS 0.89 vs estimate 0.83 (surprise +6.6%)
  • October 30, 2025: actual EPS 0.32 vs estimate 0.18 (surprise +81.9%)
  • August 20, 2025: actual EPS 0.09 vs estimate 0.09 (surprise +1.1%)

Expected move

Drivers

  • Past earnings Positive

    Exceptional 100% earnings beat rate with a high average surprise of +32.4% historically.

Implied move
+8.2%
Source
Options chain

Reactions over its last 20 earnings

Median move
4.7%
75th percentile move
13.9%
90th percentile move
19%
Up / down moves
6 / 14
Average up move
+4.0%
Average down move
-10.0%

Monitoring and close

What The Estée Lauder Companies Inc. reported

Status
Finished
Actual EPS0.39
EPS estimate0.32
EPS surprise+21.9%
Revenue$3,627 million
Revenue estimate$3,543 million
Revenue surprise+2.4%

Estee Lauder shares rallied after the company raised its fiscal 2027 margin guidance. Sales rose 6% year-over-year, driven by growth in Skin Care and Fragrance divisions.

Sources (30)

Pre-market second reading after the results

Verdict
Beat expectations

Heading into the open, results beat expectations on both earnings and revenue, and the price is indicating +8.8% pre-market, a move above the stock's usual reaction (about 5%). The figures confirm the optimistic scenario. In the 1,085 similar cases in our market history, the close held that direction 95% of the time.

How the stock reacted

Outcome
Accurate
Consolidated
+16.4%
Max favorable move (MFE)
18.5%
Max adverse move (MAE)
0%