Higher Earnings For Estee Lauder
August 14, 2008 at 13:38 PM EDT
Strong international growth lifted fourth quarter earnings for Estee Lauder Companies Inc. (NYSE: EL) to 61 cents per share from 45 cents per share in the year ago period to top estimates. The cosmetics maker expects international sales to continue expanding sending the stock price soaring $4.86 to $49.82
