Estée Lauder quarterly sales beat estimates

(Reuters) - Estée Lauder Cos Inc <EL.N> beat Wall Street estimates for fourth-quarter sales on Monday, helped by strong demand for skincare brands such as La Mer and strength in its Asia-Pacific business.

Net earnings attributable to the company fell to $157 million (£129 million), or 43 cents per share, in the quarter ended June 30, from $186 million, or 49 cents per share, a year earlier.

Net sales rose 9% to $3.59 billion, beating the average analyst estimate of $3.53 billion, according to IBES data from Refinitiv.

(Reporting by Aditi Sebastian in Bengaluru; Editing by Arun Koyyur)