elf Beauty Inc reports results for the quarter ended March 31 - Earnings Summary

• elf Beauty Inc ELF.N reported quarterly adjusted earnings of 78 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 53 cents. The mean expectation of sixteen analysts for the quarter was for earnings of 72 cents per share. Wall Street expected results to range from 69 cents to 78 cents per share.

• Revenue rose 3.6% to $332.65 million from a year ago; analysts expected $327.47 million.

• elf Beauty Inc's reported EPS for the quarter was 49 cents​.

• The company reported quarterly net income of $28.25 million.

• elf Beauty Inc shares had risen by 46.1% this quarter and lost 26.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 1.2% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the miscellaneous specialty retailers peer group is "hold."

• Wall Street's median 12-month price target for elf Beauty Inc is $87.00

This summary was machine generated from LSEG data May 28 at 09:00 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)