Estee Lauder Beats Ests 25%

Estee Lauder Companies Inc. (EL) posted robust results for the third quarter of fiscal 2011 with quarterly earnings of 71 cents per share. Earnings outpaced Zacks Consensus Estimate of 57 cents by 24.6% and shot 100% from 34 cents delivered in the prior-year quarter. Profit was recorded on extensive higher-margin product launches and effective advertising. [...]