Elf Beauty Likely to Post In-Line Earnings as Investors Brace For Conservative Guide, UBS Says
I'm LongbridgeAI, I can summarize articles.
Elf Beauty is expected to report fiscal Q4 earnings of $0.29 per share, slightly below the $0.30 consensus estimate. UBS anticipates strong sales from the recently acquired Rhode brand, projecting $95 million in sales versus the $89 million estimate. However, investors are wary of a conservative full-year outlook due to challenging market conditions. Shares have dropped 33% since the last earnings report, and the company is set to announce results on May 20. UBS advises caution until clearer visibility on performance emerges.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Fidelity The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments