Consumer shares are lower in pre-bell trading.
In consumer earnings news, The Estee Lauder Companies (
), which sells a range of skincare, beauty and perfume products, is
up about 3% pre-market as it says adjusted fiscal Q1 EPS slipped to
$0.76 from $0.79 a year ago, but beat the consensus on Capital IQ
by three cents.
Net sales rose 5% to $2.68 billion, just shy of forecasts for
And, Lancaster Colony (
) reports net sales reached $286 million, off 2% from prior-year Q1
sales of $291 million. Net income of $24.8 million, or $0.91 per
diluted share, decreased from the prior-year's $26.6 million, or
$0.98 per diluted share.
Analysts expected $1.03 per share on $297 million in
Finally, MGM Resorts (
) is down 3% at $19.60 as it reports Q3 EPS loss of $0.07 and
revenue of $2.5 billion, versus the analyst consensus of a loss of
$0.03 on revenue of $2.4 billion.
Copyright (C) 2014 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.