OAKLAND, Calif. (AP) — OAKLAND, Calif. (AP) — E.l.f. Beauty Inc. (ELF) on Wednesday reported fiscal second-quarter net income of $33.3 million.
On a per-share basis, the Oakland, California-based company said it had profit of 58 cents. Earnings, adjusted for one-time gains and costs, came to 82 cents per share.
The results topped Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 54 cents per share.
The cosmetics company posted revenue of $215.5 million in the period, also beating Street forecasts. Nine analysts surveyed by Zacks expected $197.3 million.
E.l.f. Beauty expects full-year earnings in the range of $2.47 to $2.50 per share, with revenue in the range of $896 million to $906 million.
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