E.l.f. Beauty, Inc. (NYSE:ELF) shares are trading higher after the company reported better-than-expected third-quarter financial results and raised its 2024 guidance. Here’s a look at the highlights.
The Details:
E.l.f. Beauty reported quarterly earnings of 74 cents per share, beating the analyst consensus estimate of 51 cents by 45.1% and representing a 54.17% increase over earnings of 48 cents per share from the same period last year.
Quarterly sales clocked in at $270.94 million which beat the analyst …