OAKLAND, Calif. (AP) _ E.l.f. Beauty Inc. (ELF) on Wednesday reported fiscal second-quarter profit of $5.7 million.
On a per-share basis, the Oakland, California-based company said it had profit of 11 cents. Earnings, adjusted for one-time gains and costs, came to 21 cents per share.
The results exceeded Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 13 cents per share.
The cosmetics company posted revenue of $91.9 million in the period, also beating Street forecasts. Eight analysts surveyed by Zacks expected $84.4 million.
E.l.f. Beauty expects full-year earnings in the range of 65 cents to 68 cents per share, with revenue in the range of $364 million to $370 million.
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
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