ZUO - e.l.f. Beauty Posts Upbeat Earnings Joins Nvidia LiveRamp Holdings Borr Drilling And Other Big Stocks Moving Higher On Thursday | Benzinga
U.S. stocks were mixed, with the Dow Jones index falling around 250 points on Thursday.
Shares of e.l.f. Beauty, Inc. (NYSE:ELF) rose sharply during Thursday's session after the company reported better-than-expected fourth-quarter earnings.
e.l.f. Beauty reported adjusted earnings of 53 cents per share, beating the 32-cent estimate, according to data from Benzinga Pro. Quarterly sales clocked in at $321.14 million, beating the $292.17 million analyst consensus estimate, primarily driven by strength across retailer and e-commerce channels.
e.l.f. Beauty said it sees fiscal year earnings between $3.20 and $3.25 per share, versus the $3.51 per share estimate, and full-year revenue in a range of $1.23 billion and $1.25 billion, versus the $1.27 billion estimate.
e.l.f. Beauty shares climbed 15.5% to $179.86 on Thursday.
Here are some other big stocks recording gains in today's session.
- Bicycle Therapeutics plc (NASDAQ:BCYC) shares jumped 21.2% to $25.97 after the ...