NEW YORK (AP) _ Estee Lauder Companies Inc. (EL) on Thursday reported fiscal second-quarter profit of $394 million.

On a per-share basis, the New York-based company said it had profit of $1.09. Earnings, adjusted for asset impairment costs and non-recurring costs, came to $1.54 per share.

The results beat Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $1.29 per share.

The beauty products company posted revenue of $4.62 billion in the period, which also topped Street forecasts. Nine analysts surveyed by Zacks expected $4.57 billion.

For the current quarter ending in March, Estee Lauder expects its per-share earnings to range from 37 cents to 47 cents. Analysts surveyed by Zacks had forecast adjusted earnings per share of $2.84.

The company expects full-year earnings in the range of $4.87 to $5.02 per share.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EL at https://www.zacks.com/ap/EL

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