Stocks Soar as Estee Lauder Exceeds Earnings Expectations

US stocks were mixed on Wednesday, with the Dow Jones index gaining over 200 points.

Estee Lauder Companies Inc (NYSE:EL) reported better-than-expected fourth-quarter financial results and issued its FY27 sales guidance with its midpoint above estimates.

The company's adjusted earnings came in at 39 cents per share, beating the analyst estimate of 32 cents. The Middle East conflict reduced adjusted earnings by 5 cents per share, but tariff refunds provided a 7-cent benefit.

Sales rose 6% year over year to $3.63 billion, exceeding the $3.54 billion analyst estimate, with organic net sales increasing 5%.

Estee Lauder shares jumped 17.7% to $99.15 on Wednesday.