e.l.f. Beauty Q1 Adj EPS $1.10 Beats $0.58 Estimate, Sales $216.34M Beat $184.92M Estimate
Portfolio Pulse from totan@benzinga.com
e.l.f. Beauty (NYSE:ELF) reported Q1 earnings of $1.10 per share, beating the analyst consensus estimate of $0.58 by 89.66%. This is a 182.05% increase from the same period last year. The company also reported quarterly sales of $216.34 million, beating the analyst consensus estimate of $184.92 million by 16.99%, a 76.46% increase from the same period last year.
August 04, 2023 | 10:24 am
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POSITIVE IMPACT
e.l.f. Beauty's Q1 earnings and sales significantly exceeded estimates, indicating strong performance.
e.l.f. Beauty's Q1 earnings and sales significantly exceeded analyst estimates, which is a strong positive signal for the company's performance. This could lead to increased investor confidence and a potential short-term increase in the company's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100