e.l.f. Beauty (ELF) reported earnings on Tue 26 Feb 19 (a/h)

** charts before earnings **

 

** charts after earnings **

 

e.l.f. Beauty beats by $0.09, misses on revs; guides Q1 EPS below consensus, revs below consensus

• Reports Q4 (Dec) earnings of $0.30 per share, $0.09 better than the S&P Capital IQ Consensus of $0.21; revenues fell 3.7% year/year to $78.6 mln vs the $84.67 mln S&P Capital IQ Consensus.
• Gross margin increased from 58% to 60% in 4Q18, primarily as a result of timing of recognition of customer allowances and lower expense related to the company's inventory reserve, partially offset by unfavorable movements in foreign exchange rates. 
• Co issues downside guidance for Q1, sees EPS of $0.04-$0.06 vs. $0.11 S&P Capital IQ Consensus; sees Q1 revs of $55-$58 mln vs. $66.61 mln S&P Capital IQ Consensus. Sees Adj. EBITDA of $8-$9.5 mln.