-+ 0.00%
-+ 0.00%
-+ 0.00%
E.l.f. Beauty: Fiscal Q1 Earnings Snapshot
Share
Listen to the news

OAKLAND, Calif. (AP) — OAKLAND, Calif. (AP) — E.l.f. Beauty Inc. (ELF) on Wednesday reported fiscal first-quarter net income of $66.6 million.

The Oakland, California-based company said it had profit of $1.12 per share. Earnings, adjusted for stock option expense and non-recurring costs, were $1.75 per share.

The results exceeded Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 71 cents per share.

The cosmetics company posted revenue of $479.4 million in the period, also beating Street forecasts. Nine analysts surveyed by Zacks expected $426.7 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ELF at https://www.zacks.com/ap/ELF

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending