Olaplex Holdings Inc reports results for the quarter ended December 31 - Earnings Summary

• Olaplex Holdings Inc OLPX.OQ reported quarterly adjusted earnings of 1 cent​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 3 cents. The mean expectation of ten analysts for the quarter was for earnings of one cent per share. Wall Street expected results to range from -1 cents to 4 cents per share.

• Revenue fell 9.8% to $100.74 million from a year ago; analysts expected $87.88 million.

• Olaplex Holdings Inc's reported EPS for the quarter was a loss of 1 cent​.

• The company reported a quarterly loss of $8.8 million.

• Olaplex Holdings Inc shares had fallen by 20.2% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 9 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the personal products peer group is also "hold"

Wall Street's median 12-month price target for Olaplex Holdings Inc is $1.90

This summary was machine generated from LSEG data March 4 at 03:46 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)