e.l.f. Beauty: Q1 Earnings Insights

e.l.f. Beauty (NYSE:ELF) reported its Q1 earnings results on Wednesday, August 3, 2022 at 04:05 PM. Here's what investors need to know about the announcement. Earnings e.l.f. Beauty beat estimated earnings by 69.57%, reporting an EPS of $0.39 versus an estimate of $0.23.

byBenzinga Insights

August 3, 2022

1 minute read

e.l.f. Beauty (NYSE:ELF) reported its Q1 earnings results on Wednesday, August 3, 2022 at 04:05 PM.

Here’s what investors need to know about the announcement.

Earnings

e.l.f. Beauty beat estimated earnings by 69.57%, reporting an EPS of $0.39 versus an estimate of $0.23.

Revenue was up $25.55 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.07 which was followed by a 11.2% increase in the share price the next day.

Here’s a look at e.l.f. Beauty’s past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.06	0.15	0.13	0.15
EPS Actual	0.13	0.24	0.21	0.27
Revenue Estimate	91.17M	94.78M	83.69M	79.23M
Revenue Actual	105.14M	98.12M	91.86M	97.05M

To track all earnings releases for e.l.f. Beauty visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

Body and Mind’s Q2 Revenue Flat YoY, Narrows Loss By 94%

By Jelena Martinovic

March 26, 2:16 PM

Body and Mind announced on Tuesday its financial results for the second quarter of fiscal year 2024 ended Jan. 31, 2024, revealing a 94% year-over-year drop in net loss. The company said that during the quarter it has entered into a definitive agreement to divest its Nevada cultivation and production operations for a total consideration of $2 million to fund its projects in Illinois and New Jersey. According to CEO Michael Mills these two markets "continue to be underserved and offer significant opportunities for revenue growth as we expand our brand and bring our skilled teams to these new markets." "The most recent quarter reflects our work to improve financial performance, improve margins and streamline our operations to support building our operations in Illinois and New Jersey," Mills said. "Nevada's wholesale pricing challenges and wholesale tax structure made it difficult to see the Company's Nevada operations generating sufficient profits over the long term when compared with the opportunity presented by taking the proceeds from Nevada's sale and continuing to build on our Illinois and New Jersey opportunities."

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