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

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

• Revenue fell 1.9% to $96.98 million from a year ago; analysts expected $93.81 million.

• Olaplex Holdings Inc's reported EPS for the quarter was breakeven results​.

• The company reported quarterly net income of $465 thousand.

• Olaplex Holdings Inc shares had risen by 4.7% this quarter and lost 23.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 47.3% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

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 $1.85

This summary was machine generated from LSEG data May 8 at 01:30 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)