This article is talking about how Estee Lauder, a company that makes beauty products, might make more money than people expect when it reports its earnings for the last three months. Earnings are the money a company makes after paying all its expenses. People who follow stocks are interested in this because it can affect the price of the stock.
The article says that Estee Lauder is expected to make more money than last year, and people are waiting to see if it beats these expectations or not. The people who follow stocks use something called the Zacks Consensus Estimate and the Earnings ESP to guess if a company will beat or miss its earnings expectations. The Zacks Consensus Estimate is the average of what many experts think a company will make, and the Earnings ESP is how much the estimate has changed in the last few weeks. If the Earnings ESP is positive, it means the estimate has gone up, which could mean the company will beat its earnings.
For Estee Lauder, the article says that the Zacks Consensus Estimate has gone down in the last few weeks, and the Earnings ESP is negative. This makes it hard to guess if the company will beat its earnings. The article also says that Estee Lauder has beaten its earnings expectations four times in the last four quarters, which means it has done better than expected more often than not.
Read from source...
- Story is about Estee Lauder's upcoming earnings report
- Estee Lauder is expected to report higher earnings and revenues
- Article discusses earnings ESP, Zacks Rank, and historical earnings surprises
- Article concludes that Estee Lauder doesn't appear as a compelling earnings-beat candidate
- AI criticizes the article for being too focused on earnings, not considering other factors that may affect the stock price
- AI also points out that the article uses a misleading image and doesn't provide any analysis or insights on Estee Lauder as a company or in its industry
### AI's final answer: 3
- Estee Lauder is expected to report earnings on August 19, 2024, and the market expects the company to