Beauty products company Estée Lauder (NYSE:EL) will be reporting results tomorrow before the bell. Here’s what to look for.

Estée Lauder met analysts’ revenue expectations last quarter, reporting revenues of $3.94 billion, up 5% year on year. It was a decent quarter for the company, with an impressive beat of analysts’ earnings estimates but underwhelming earnings guidance for the full year.

Is Estée Lauder a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Estée Lauder’s revenue to grow 5.4% year on year to $3.80 billion, improving from the 1.3% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.25 per share.

The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Estée Lauder has missed Wall Street’s revenue estimates twice over the last two years.

Looking at Estée Lauder’s peers in the personal care segment, some have already reported their Q2 results, giving us a hint as to what we can expect. The Honest Company delivered year-on-year revenue growth of 10.1%, beating analysts’ expectations by 6.8%, and e.l.f. reported revenues up 50%, topping estimates by 6.6%. The Honest Company traded up 13.4% following the results while e.l.f. was down 14.4%.

Read our full analysis of The Honest Company’s results here and e.l.f.’s results here.

Investors in the personal care segment have had steady hands going into earnings, with share prices up 2% on average over the last month. Estée Lauder is down 5.8% during the same time and is heading into earnings with an average analyst price target of $132.6 (compared to the current share price of $95.21).

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