Estée Lauder beats Q4 estimates, lifts FY27 margin outlook

Estée Lauder reported Q4 FY26 revenue of $3.6B, above the $3.54B estimate, and adjusted EPS of $0.39, up 100% YoY. FY27 adjusted EPS guidance of $3.10-$3.35 brackets consensus at $3.18. The company raised its adjusted operating margin forecast to 12.7%-13.5% from 12.5%-13.0%. Skin care revenue rose 9% YoY to $1.9B; fragrance rose 10% to $618M; makeup rose 3% to $1.0B; hair care fell 1% to $140M.