E.l.f. Beauty: Overview of Fiscal Third Quarter Earnings

E.l.f. Beauty Exceeds Quarterly Earnings Expectations

E.l.f. Beauty Inc., headquartered in Oakland, California, announced on Wednesday that it achieved a net income of $39.4 million for its fiscal third quarter.

The company reported earnings of 65 cents per share, while adjusted earnings—excluding certain one-time items—reached $1.24 per share.

These results outperformed analysts’ predictions. According to a survey by Zacks Investment Research involving 10 analysts, the consensus estimate was 73 cents per share.

During the same period, E.l.f. Beauty generated $489.5 million in revenue, surpassing the $462.8 million anticipated by eight analysts polled by Zacks.

Looking ahead, the company projects its full-year earnings to fall between $3.05 and $3.10 per share, with expected revenue ranging from $1.6 billion to $1.61 billion.