E.l.f. Beauty (ELF) Q2 Earnings and Revenues Beat Estimates
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E.l.f. Beauty (ELF) reported Q2 earnings of $0.77 per share, surpassing the Zacks Consensus Estimate of $0.45 per share, though slightly down from $0.82 per share a year ago.
November 06, 2024 | 11:45 pm
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E.l.f. Beauty reported Q2 earnings of $0.77 per share, exceeding the Zacks Consensus Estimate of $0.45, indicating strong performance despite a slight decrease from last year's $0.82 per share.
The significant beat on earnings per share compared to estimates suggests strong financial performance, which is likely to positively impact the stock price in the short term. The slight decrease from last year's earnings is less significant given the beat on expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100