The Estée Lauder Companies Inc. reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported sales was USD 3,940 million compared to USD 3,751 million a year ago. Net income was USD 330 million compared to USD 156 million a year ago. Basic earnings per share from continuing operations was USD 0.92 compared to USD 0.44 a year ago. Diluted earnings per share from continuing operations was USD 0.91 compared to USD 0.43 a year ago.
For the nine months, sales was USD 11,737 million compared to USD 12,301 million a year ago. Net income was USD 674 million compared to USD 1,039 million a year ago. Basic earnings per share from continuing operations was USD 1.88 compared to USD 2.9 a year ago. Diluted earnings per share from continuing operations was USD 1.87 compared to USD 2.88 a year ago.