e.l.f. Beauty Q2 Adj $0.82 Beats $0.51 Estimate, Sales $215.50M Beat $196.28M Estimate
Portfolio Pulse from Benzinga Newsdesk
e.l.f. Beauty (NYSE:ELF) reported Q2 earnings of $0.82 per share, beating the analyst consensus estimate of $0.51 by 60.78%. This is a 127.78% increase from the same period last year. The company also reported quarterly sales of $215.50 million, beating the analyst consensus estimate of $196.28 million by 9.79%. This is a 76.14% increase from the same period last year.
November 01, 2023 | 8:25 pm
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POSITIVE IMPACT
e.l.f. Beauty's Q2 earnings and sales significantly beat estimates, indicating strong performance. This could positively impact the company's stock in the short term.
e.l.f. Beauty's earnings and sales for Q2 significantly exceeded analyst estimates, indicating strong performance. This positive financial report could increase investor confidence and demand for the company's stock, potentially driving its price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100