Estee Lauder (EL.US) dropped 4.66% in pre-market trading. The New York-based company is set to release its fourth-quarter earnings report before market open on August 20th (today). Analysts expect the company to report earnings per share of 9 cents for the quarter, significantly lower than the 64 cents reported in the same period last year. Estee Lauder is projected to generate revenue of $3.4 billion for the quarter, compared to $3.87 billion in the prior-year period.
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