e.l.f. Beauty Gains as Major US Indexes Slip
The cosmetics maker rose 2.18% in the session, while Zacks estimates point to lower quarterly earnings and higher revenue year over year.
Key takeaways
- e.l.f. Beauty rose 2.18% to $105.03 as the S&P 500 fell 0.22%.
- Zacks estimates quarterly earnings per share of $0.59 and revenue of $469.19 million.
e.l.f. Beauty shares rose 2.18% to $105.03 in the latest session, while the S&P 500 fell 0.22%. The Dow lost 0.66% and the Nasdaq declined 0.22%.
The stock has fallen 1.46% over the past month, according to the article. That was a smaller decline than the Consumer Staples sector’s 4.35% loss.
Ahead of the company’s upcoming earnings report, Zacks estimates earnings of $0.59 per share and revenue of $469.19 million for the quarter. Those figures represent a projected 13.24% drop in earnings and a 36.42% rise in revenue from the year-earlier quarter.
This article was produced with the help of AI technology. Source: Yahoo Finance
