e.l.f. Beauty (NYSE:ELF) Posts Quarterly Earnings Results, Beats Expectations By $0.61 EPS

e.l.f. Beauty (NYSE:ELF) announced its quarterly earnings results on Wednesday. The company reported $1.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.61, FiscalAI reports. e.l.f. Beauty had a return on equity of 16.65% and a net margin of 4.47%. The business had revenue of $520.82 million during the quarter, compared to analyst estimates of $473.51 million. During the same period in the previous year, the company earned $0.68 EPS. The firm’s revenue was up 51.4% on a year-over-year basis.

Here are the key takeaways from e.l.f. Beauty’s conference call:

• e.l.f. Beauty reported 51% net sales growth and 86% adjusted EBITDA growth in Q2, its 31st consecutive quarter of sales growth; organic sales rose approximately 35%.
• The company raised its fiscal 2027 outlook, now expecting 22%–24% net sales growth, adjusted EBITDA of $421 million–$427 million, and adjusted EPS of $3.82–$3.86 per diluted share.
• Growth spanned the portfolio and channels: e.l.f. Cosmetics regained unit momentum and market share, while rhode’s Sephora Europe launch set a retailer record. Haircare and international expansion also showed early traction.
• Management expects second-half adjusted EBITDA margins in the low teens as marketing spending shifts later and tariff refunds are reinvested; it also expects gross margin to be lower year over year in the second half as rhode expands in retail.

e.l.f. Beauty Trading Up 7.5%

Shares of ELF traded up $8.28 on Friday, reaching $118.13. 1,450,829 shares of the company’s stock were exchanged, compared to its average volume of 2,461,279. The business has a 50 day moving average price of $106.07 and a two-hundred day moving average price of $82.04. e.l.f. Beauty has a 12 month low of $48.82 and a 12 month high of $123.13. The stock has a market capitalization of $6.97 billion, a P/E ratio of 81.66, a price-to-earnings-growth ratio of 2.99 and a beta of 1.61. The company has a current ratio of 2.55, a quick ratio of 1.82 and a debt-to-equity ratio of 0.69.

Wall Street Analyst Weigh In

ELF has been the subject of several recent analyst reports. Canaccord Genuity Group increased their target price on e.l.f. Beauty from $123.00 to $137.00 and gave the company a “buy” rating in a research note on Thursday, October 22nd. Sanford C. Bernstein upped their target price on shares of e.l.f. Beauty from $121.00 to $127.00 and gave the company an “outperform” rating in a research note on Thursday, September 17th. UBS Group upped their target price on e.l.f. Beauty from $116.00 to $129.00 and gave the company a “neutral” rating in a research note on Thursday. Wall Street Zen raised shares of e.l.f. Beauty from a “hold” rating to a “buy” rating in a report on Saturday, October 31st. Finally, Morgan Stanley lifted their target price on shares of e.l.f. Beauty from $90.00 to $103.00 and gave the company an “equal weight” rating in a research report on Thursday, October 15th. Three equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $117.50.

Insider Buying and Selling

In related news, Director Lauren Levitan sold 1,034 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $93.15, for a total value of $96,317.10. Following the completion of the transaction, the director directly owned 10,516 shares in the company, valued at approximately $979,565.40. The trade was a 8.95% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Tarang Amin sold 47,000 shares of the company’s stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $103.31, for a total transaction of $4,855,570.00. Following the completion of the transaction, the chief executive officer owned 134,496 shares of the company’s stock, valued at $13,894,781.76. This trade represents a 25.90% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 91,821 shares of company stock valued at $9,624,513 in the last three months. 3.50% of the stock is currently owned by company insiders.

e.l.f. Beauty News Roundup

Here are the key news stories impacting e.l.f. Beauty this week:

• Positive Sentiment: Fiscal Q2 net sales rose 51% year over year to $520.8 million, while earnings of $1.21 per share substantially exceeded analyst expectations. The company also recorded its 31st consecutive quarter of net-sales growth and raised its full-year net-sales growth outlook to 22%–24%. Read More.
• Positive Sentiment: Management attributed growth to strength across its portfolio, while coverage emphasized product innovation—not just pricing—as a driver. That suggests demand and momentum may be broad-based across e.l.f.’s brands. Read More. · Read More.
• Positive Sentiment: Several analysts raised their targets after the results: Citi to $139 with a Buy rating, JPMorgan to $135 with an Overweight rating, and UBS to $129 while maintaining Neutral. The revisions reflect improved expectations, although the ratings differ. Read More. · Read More. · Read More.
• Neutral Sentiment: e.l.f. Brands is teaming up with Palm Tree Crew for a multi-day Art Basel Miami activation, offering brand exposure but with no reported financial impact. Read More.
• Negative Sentiment: Piper Sandler raised its target to $110 but kept a Neutral rating; that target is below the stock’s current trading level and contrasts with the more bullish revisions from other firms. Read More.

e.l.f. Beauty Company Profile

e.l.f. Beauty, Inc is a cosmetics and skincare company that develops, markets and sells beauty products under a portfolio of brands. Its offerings include makeup, skin care, hair care and other personal-care products designed to provide accessible, trend-focused beauty options across a range of categories.

The company’s portfolio includes e.l.f. Cosmetics, Well People, Keys Soulcare and Naturium. Its products are sold through mass retailers, specialty beauty stores, e-commerce platforms and the brands’ direct-to-consumer websites.