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

e.l.f. Beauty (NYSE:ELF) announced its quarterly earnings data 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. The business had revenue of $520.82 million during the quarter, compared to analysts’ expectations of $473.51 million. e.l.f. Beauty had a return on equity of 14.07% and a net margin of 3.38%. The business’s quarterly revenue was up 51.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.68 EPS.

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 2.2%

NYSE:ELF traded up $2.47 during mid-day trading on Wednesday, reaching $113.97. The company’s stock had a trading volume of 2,379,928 shares, compared to its average volume of 1,223,719. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.55 and a quick ratio of 1.82. The stock has a market cap of $6.73 billion, a P/E ratio of 41.30, a P/E/G ratio of 2.93 and a beta of 1.61. The company’s fifty day simple moving average is $106.01 and its two-hundred day simple moving average is $81.94. e.l.f. Beauty has a twelve month low of $48.82 and a twelve month high of $122.36.

Analysts Set New Price Targets

ELF has been the subject of a number of research reports. JPMorgan Chase & Co. boosted their price objective on e.l.f. Beauty from $106.00 to $130.00 and gave the company an “overweight” rating in a research note on Monday, October 19th. TD Cowen began coverage on e.l.f. Beauty in a report on Friday, October 30th. They set a “strong-buy” rating on the stock. Weiss Ratings reiterated a “sell (d+)” rating on shares of e.l.f. Beauty in a research report on Wednesday, October 28th. Robert W. Baird raised their target price on e.l.f. Beauty from $105.00 to $120.00 and gave the company an “outperform” rating in a report on Wednesday, October 7th. Finally, Sanford C. Bernstein boosted their target price on shares of e.l.f. Beauty from $121.00 to $127.00 and gave the stock an “outperform” rating in a research report on Thursday, September 17th. Three investment 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 given a Sell rating to the company’s stock. According to MarketBeat.com, e.l.f. Beauty has an average rating of “Moderate Buy” and a consensus target price of $112.06.

Insider Transactions at e.l.f. Beauty

In related news, CEO Tarang Amin sold 47,000 shares of the company’s stock in a transaction 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 sale, the chief executive officer directly owned 134,496 shares of the company’s stock, valued at approximately $13,894,781.76. This represents a 25.90% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Lauren Levitan sold 1,034 shares of the company’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 owned 10,516 shares of the company’s stock, valued at approximately $979,565.40. This represents a 8.95% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 91,821 shares of company stock worth $9,624,513 over the last ninety days. 3.50% of the stock is owned by insiders.

Key e.l.f. Beauty News

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

• Positive Sentiment: Adjusted earnings were $1.21 per share, well above consensus estimates of about $0.60–$0.62 and up from $0.68 a year earlier. e.l.f. Beauty Tops Q2 Earnings and Revenue Estimates
• Positive Sentiment: Revenue reached $520.8 million, beating analyst expectations of roughly $473.5 million and climbing 51.4% year over year. CEO Tarang Amin cited growth across the company’s portfolio and said this marked its 31st consecutive quarter of sales growth. E.l.f. Beauty posts 51% sales increase, raises full-year guidance
• Positive Sentiment: Management raised its full-year net sales growth guidance to 22%–24%, signaling confidence in continued momentum. The earnings beat and higher outlook are the main positive catalysts for ELF shares. e.l.f. Beauty Announces Second Quarter Fiscal 2027 Results

About e.l.f. Beauty

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.