e.l.f. Beauty Announces Third Quarter Fiscal 2024 Results

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Elf Beauty (ELF) stock moves higher after earnings, Jefferies 'excited' about upside

February 7, 2024 4:44 AM EST

Elf Beauty (NYSE: ELF) rose nearly 4% in premarket trading Wednesday after the company posted better-than-expected earnings and revenue for the third quarter.

Earnings per share (EPS) were reported at $0.74, topping the consensus estimates of $0.57. Revenue came in at $270.9 million, ahead of the estimated $238.89 million.

Gross margin... More