e.l.f. Beauty posts Q2 earnings beat and lifts FY2027 guidance
+2 new sources since this summary was written
e.l.f. Beauty reported second‑quarter adjusted earnings of $1.21 per share on revenue of $520.8 million, surpassing analysts’ expectations. The company announced FY2027 adjusted EPS guidance of $3.82‑$3.86 and revenue guidance of $2.00‑$2.03 billion. Organic sales grew 35% year‑over‑year while reported sales rose 51%, driven by the expansion of the rhode brand in Europe. Raymond James raised its price target to $132 from $117 following the results.
Why it matters
The higher earnings and guidance suggest stronger profitability, which led Raymond James to increase its price target (). Investors may see upside potential as the company’s growth outlook improves.
Key facts
- 1Adjusted EPS for Q2 was $1.21 per share. investing.com
- 2Q2 revenue was $520.8 million, beating the $469.27 million estimate. investing.com
- 3FY2027 adjusted EPS guidance was raised to $3.82‑$3.86 per share. investing.com
- 4FY2027 revenue guidance was raised to $2.00‑$2.03 billion. investing.com
- 5Organic sales grew 35% year‑over‑year in Q2, with reported sales up 51% versus the prior year. investing.com
- 6Raymond James increased its price target for ELF to $132 from $117. investing.com
Summary written by AlphAI AI Desk from 11 of 11 sources. Not investment advice. Figures are as stated by the linked sources.