What's Going On With E.L.F. Beauty Stock Wednesday?

E.L.F. Beauty, Inc. (NYSE:ELF) stock is in the spotlight Wednesday ahead of earnings after the market close. Here’s what you need to know.

What To Know: E.L.F. is set to release financial results for its fiscal second quarter after Wednesday’s closing bell. Analysts anticipate revenue of $285.76 million and earnings of 42 cents per share, according to estimates from Benzinga Pro.

E.L.F. Beauty missed analyst estimates for revenue and adjusted EPS in its most recent quarter. The company reported revenue of $324.47 million, missing analyst estimates of $376.99 million by 13.93%, and adjusted EPS of $1.10, missing analyst estimates of $1.13.

However, E.L.F. Beauty raised its guidance ...