E.l.f. Beauty Posts $49.4 Million Q4 Loss as Revenue Beats Forecasts at $449.3 Million
Updated
Updated · KARE11.com · May 20
E.l.f. Beauty Posts $49.4 Million Q4 Loss as Revenue Beats Forecasts at $449.3 Million
8 articles · Updated · KARE11.com · May 20
$49.4 million marked E.l.f. Beauty’s fiscal fourth-quarter loss, or 82 cents a share, even as adjusted earnings reached 32 cents a share and topped Wall Street’s 29-cent estimate.
$449.3 million in quarterly revenue also beat expectations of $425.8 million, showing sales strength despite the reported net loss.
$26.3 million was the company’s full-year profit, or 44 cents a share, on $1.64 billion in revenue.
$3.27 to $3.32 a share is E.l.f. Beauty’s full-year earnings outlook, alongside projected revenue of $1.84 billion to $1.87 billion.
Can E.l.f.'s viral marketing shield it from a $50 million tariff bill due to its heavy China dependency?
After buying Hailey Bieber’s rhode, is E.l.f. abandoning its Gen Z fans for a pricier, prestige future?