elf Beauty Inc reports results for the quarter ended June 30 - Earnings Summary

• elf Beauty Inc ELF.N reported quarterly adjusted earnings of 89 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $1.10. The mean expectation of fifteen analysts for the quarter was for earnings of 84 cents per share. Wall Street expected results to range from 65 cents to $1.01 per share.

• Revenue rose 9% to $353.74 million from a year ago; analysts expected $350.27 million.

• elf Beauty Inc's reported EPS for the quarter was 58 cents​.

• The company reported quarterly net income of $33.31 million.

• elf Beauty Inc shares had fallen by 11.7% this quarter and lost 12.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 15.2% in the last three months.​

• In the last 30 days, three 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," 4 "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 $130.00, about 15.1% above its last closing price of $110.39

This summary was machine generated from LSEG data August 7 at 02:10 a.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)