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E.l.f. Beauty: Fiscal Q4 Earnings Snapshot
By Ap News - May 22, 2024, 04:15 PM ET
Last Updated - May 27, 2024, 12:27 AM EDT
OAKLAND, Calif. (AP) — OAKLAND, Calif. (AP) — E.l.f. Beauty Inc. (ELF) on Wednesday reported fiscal fourth-quarter net income of $14.5 million.
On a per-share basis, the Oakland, California-based company said it had profit of 25 cents. Earnings, adjusted for stock option expense and amortization costs, were 53 cents per share.
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The results topped Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 35 cents per share.
The cosmetics company posted revenue of $321.1 million in the period, also surpassing Street forecasts. Nine analysts surveyed by Zacks expected $292.5 million.
E.l.f. Beauty expects full-year earnings in the range of $3.20 to $3.25 per share, with revenue in the range of $1.23 billion to $1.25 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a ELF">Zacks stock report on ELF at https://www.zacks.com/ap/ELF
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