e.l.f. Beauty has drawn heavy investor attention on Zacks.com, and its Zacks Rank now stands at #1 (Strong Buy). The cosmetics company is expected to post earnings of $0.59 per share for the current quarter, a year-over-year change of -13.2%, while the Zacks Consensus Estimate has moved -0.7% over the last 30 days. For the current fiscal year, the consensus earnings estimate of $3.65 points to a change of +16.6% from the prior year, and for the next fiscal year the consensus estimate of $3.85 indicates a change of +5.5%. The consensus sales estimate of $469.19 million for the current quarter points to a year-over-year change of +36.4%, with $1.97 billion and $2.14 billion expected for the current and next fiscal years. In the last reported quarter, e.l.f. Beauty posted revenues of $479.37 million, up 35.5% year over year, and EPS of $1.75 versus $0.89 a year ago, beating the Zacks Consensus revenue estimate of $426.66 million by 12.35% and the EPS estimate by 146.48%.
ELF Beauty Ince.l.f. Beauty earns Zacks Rank #1 (Strong Buy) as consensus earnings estimates rise, with prior-quarter EPS and revenue beating estimates.
