Estee Lauder's fiscal Q1 Earnings Beat Driven by Robust Organic Sales Growth, UBS Says

12:13 PM EST, 11/03/2026 (MT Newswires) -- Estee Lauder's (EL) fiscal Q1 earnings beat were driven by more robust organic sales growth and a better margin delivery, UBS said in a Monday research note. The company revised its fiscal 2027 organic sales growth guidance to 4% to 5.5%, highlighting a greater increase in H1 than H2 due to robust travel retail shipment trends entering the fiscal year, sustained growth in fragrance and skincare, and limited impact from geopolitical events, the analysts wrote. The company also raised its fiscal 2027 earnings guidance, with the midpoint of the EPS range implying estimates for the remainder of the year may need to move lower, given the magnitude of the Q1 beat, according to the note. UBS reiterated its neutral rating on the stock and price target of $104 per share. Price: 106.02, Change: +1.25, Percent Change: +1.19