A Rebound In Asia Travel Will Likely Drive Estée Lauder's Q3 Performance
This can be attributed to an expected recovery in Asia travel and mainland China.
Source: forbes.com
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This can be attributed to an expected recovery in Asia travel and mainland China.
The stock has risen 10% since the company reported its Q2 results.
BEL has bagged cumulative orders worth Rs 25,935.15 crore till now in the current financial year.
Estee Lauder (NYSE: EL) reported its Q1’24 results earlier this week (the fiscal year ends in June), with revenues meeting and earnings beating the street estimates.
Estee Lauder stock (NYSE: EL) currently trades at $140 per share, 52% below the level seen in March 2021, and it appears undervalued.