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flag Estée Lauder reported strong financials despite major investors reducing their shares.

flag ELO Mutual Pension Insurance and Prudential Financial Inc. reduced their holdings in Estée Lauder Companies (EL) shares in the fourth quarter of 2019. flag Despite the share sales, Estée Lauder reported strong financials, with a 42.1% stock increase, $4 billion in revenue, and EPS of $0.62, surpassing analyst estimates. flag Notable insider buys included Director Paul J. Fribourg and CFO Akhil Shrivastava. flag Analysts predict a 1.36 EPS for the current year.

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