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Wrapping up Q3 earnings, we look at the numbers and key takeaways for the personal care stocks, including e.l.f. (NYSE:ELF) and its peers.
Shares of skincare company BeautyHealth (NASDAQ:SKIN) jumped 18.2% in the morning session after the company reported impressive third-quarter earnings that blew past analysts' EBITDA and EBITDA guidance expectations. Notably, the company turned a profit while Wall Street had predicted a loss. Revenue also beat expectations, though sales declined relative to the previous year. The decline in revenue was primarily due to challenges in system sales, particularly in international markets like China. As a result, the company reduced its full-year sales outlook. To overcome some of the challenges impeding growth, the company revamped its commercial leadership team and appointed a new Chief Revenue Officer and Chief Marketing Officer with more relevant expertise. Also, it provided more flexible pricing for markets affected by high interest rates and limited financing availability.
Get insights into the top gainers and losers of Tuesday's after-hours session.
Skincare company BeautyHealth (NASDAQ:SKIN) announced better-than-expected revenue in Q3 CY2024, but sales fell 19.1% year on year to $78.8 million. On the other hand, the company’s full-year revenue guidance of $327 million at the midpoint came in 4.1% below analysts’ estimates. Its GAAP loss of $0.15 per share was 55.2% below analysts’ consensus estimates.
Skincare company BeautyHealth (NASDAQ:SKIN) will be reporting results tomorrow afternoon. Here’s what you need to know.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q2. Today, we are looking at personal care stocks, starting with Coty (NYSE:COTY).
As the Q2 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the personal care industry, including e.l.f. (NYSE:ELF) and its peers.
As the Q2 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the personal care industry, including Coty (NYSE:COTY) and its peers.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how personal care stocks fared in Q2, starting with Herbalife (NYSE:HLF).
Looking back on personal care stocks’ Q2 earnings, we examine this quarter’s best and worst performers, including BeautyHealth (NASDAQ:SKIN) and its peers.
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SKIN stock results show that Beauty Health missed analyst estimates for earnings per share and missed on revenue for the second quarter of 2024.
Skincare company BeautyHealth (NASDAQ:SKIN) missed analysts' expectations in Q2 CY2024, with revenue down 22.9% year on year to $90.6 million. Next quarter's revenue guidance of $75 million also underwhelmed, coming in 25.3% below analysts' estimates. It made a GAAP loss of $0.10 per share, down from its profit of $0.03 per share in the same quarter last year.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how BeautyHealth (NASDAQ:SKIN) and the rest of the personal care stocks fared in Q1.
SKIN stock results show that Beauty Health beat analyst estimates for earnings per share and beat on revenue for the first quarter of 2024.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Beauty Health (NASDAQ:SKIN) just reported results for the first quarter of 2024...