07:25 AM EDT, 08/19/2024 (MT Newswires) -- Estee Lauder ( EL ) reported fiscal Q4 non-GAAP earnings Monday of $0.64 per diluted share, up from $0.07 a year earlier.

Analysts polled by Capital IQ expected $0.25.

Net sales for the quarter ended June 30 were $3.87 billion, compared with $3.61 billion a year earlier.

Analysts polled by Capital IQ expected $3.80 billion.

The company said it expects fiscal Q1 adjusted diluted EPS to range between $0.01 and $0.09 and net sales to decline 3% to 5%. Analysts polled by Capital IQ expect normalized EPS of $0.62 on revenue of $3.77 billion.

For fiscal 2025, Estee Lauder ( EL ) said it expects $2.78 to $2.98 in adjusted diluted EPS and net sales ranging between a 1% decline and a 2% increase. Analysts polled by Capital IQ expect $3.97 in normalized EPS on revenue of $16.56 billion.

Estee Lauder's ( EL ) shares were down more than 7% in recent Monday premarket activity.

Price: 87.75, Change: -7.22, Percent Change: -7.60