e.l.f. Beauty (ELF) Reports Q2: Everything You Need To Know Ahead Of Earnings

Cosmetics company e.l.f. Beauty (NYSE:ELF) will be reporting results this Wednesday afternoon. Here’s what investors should know.

e.l.f. Beauty beat analysts’ revenue expectations by 1.8% last quarter, reporting revenues of $332.6 million, up 3.6% year on year. It was a strong quarter for the company, with a solid beat of analysts’ EBITDA estimates and a decent beat of analysts’ EPS estimates.

Is e.l.f. Beauty a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting e.l.f. Beauty’s revenue to grow 9% year on year to $353.7 million, slowing from the 50% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.84 per share.

The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. e.l.f. Beauty has only missed Wall Street’s revenue estimates once over the last two years, exceeding top-line expectations by 6.4% on average.

Looking at e.l.f. Beauty’s peers in the personal care segment, some have already reported their Q2 results, giving us a hint as to what we can expect. USANA delivered year-on-year revenue growth of 10.8%, beating analysts’ expectations by 4.7%, and Nature's Sunshine reported revenues up 3.8%, topping estimates by 2.2%. USANA traded up 12.4% following the results while Nature's Sunshine was also up 13.7%.

Read our full analysis of USANA’s results here and Nature's Sunshine’s results here.

Investors in the personal care segment have had fairly steady hands going into earnings, with share prices down 1.1% on average over the last month. e.l.f. Beauty is down 4.9% during the same time and is heading into earnings with an average analyst price target of $133.62 (compared to the current share price of $116.33).

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