Olaplex Hldgs Q2 2024 Adj.EPS $0.03, Inline, Sales $103.90M Beat $103.65M Estimate
Portfolio Pulse from Benzinga Newsdesk
Olaplex Holdings reported Q2 2024 adjusted EPS of $0.03, which was in line with expectations. The company also reported sales of $103.90 million, beating the estimate of $103.65 million.
August 06, 2024 | 10:47 am
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Olaplex Holdings reported Q2 2024 adjusted EPS of $0.03, meeting expectations, and sales of $103.90 million, slightly beating the estimate of $103.65 million.
The in-line EPS and slight beat on sales are positive indicators for Olaplex Holdings. Meeting EPS expectations and slightly exceeding sales estimates can boost investor confidence and potentially lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100