Beauty products company Estée Lauder (NYSE: EL) will be reporting results this Wednesday before the bell. Here’s what investors should know.

Estée Lauder beat analysts’ revenue expectations by 1.2% last quarter, reporting revenues of $3.55 billion, down 9.9% year on year. It was a very strong quarter for the company, with a beat of analysts’ EPS estimates and a solid beat of analysts’ EBITDA estimates.

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 decline 11.7% year on year to $3.42 billion, a reversal from the 7.3% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.09 per share.

Analysts covering the company have generally 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. USANA delivered year-on-year revenue growth of 10.8%, beating analysts’ expectations by 4.7%, and BeautyHealth reported a revenue decline of 13.7%, topping estimates by 4.6%. USANA traded up 12.4% following the results while BeautyHealth was also up 18.1%.

Read our full analysis of USANA’s results here and BeautyHealth’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 up 5.9% during the same time and is heading into earnings with an average analyst price target of $84.10 (compared to the current share price of $91.09).

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