AP NEWS

E.l.f. Beauty: Fiscal 4Q Earnings Snapshot

May 21, 2020 GMT

OAKLAND, Calif. (AP) _ E.l.f. Beauty Inc. (ELF) on Thursday reported a loss of $341,000 in its fiscal fourth quarter.

On a per-share basis, the Oakland, California-based company said it had a loss of 1 cent. Earnings, adjusted for one-time gains and costs, came to 10 cents per share.

The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 5 cents per share.

The cosmetics company posted revenue of $74.7 million in the period, also surpassing Street forecasts. Seven analysts surveyed by Zacks expected $66.8 million.

For the year, the company reported profit of $17.9 million, or 35 cents per share. Revenue was reported as $282.9 million.

E.l.f. Beauty shares have fallen 11% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $14.43, an increase of 19% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ELF at https://www.zacks.com/ap/ELF