e.l.f. Beauty, Inc. (ELF) shares surged after the company reported impressive second-quarter results, exceeding both revenue and earnings expectations. The strong performance, driven by continued market share gains and international growth, led to an upward revision of the company’s full-year outlook, signaling a positive trajectory for the beauty brand.
E.L.F. Beauty, Inc. (ELF) is set to release its fiscal second-quarter earnings after the market closes on Wednesday. Analysts are expecting revenue of $285.76 million and earnings of 42 cents per share. The company’s stock has been under pressure in recent weeks, with analysts lowering price targets ahead of the earnings report.
e.l.f. Beauty has been a popular stock on Zacks.com recently. This article analyzes key factors like earnings estimates, revenue growth, and valuation to help you decide if the stock is worth investing in. Learn about the Zacks Rank, which provides a near-term price direction indicator based on earnings estimate revisions.
The Dow Jones fell by around 100 points on Monday, while other indices saw mixed performance. Construction Partners surged after announcing a major acquisition, while several other stocks recorded significant gains, driven by various positive developments. Ambipar Emergency Response, NANO Nuclear Energy, Viad Corp, EHang Holdings, AudioEye, Galiano Gold, AppLovin, TeraWulf, e.l.f. Beauty, and Lumen Technologies all experienced substantial gains. Read on to discover the details behind these noteworthy market movements.
