e.l.f. Beauty Earnings Beat Comes With a Catch for Wall Street
e.l.f. Beauty said Wednesday its outlook for fiscal 2027 sales and adjusted profit came in below Wall Street targets. The company flagged a possible $15 million to $20 million cost hit from oil prices linked to the Iran war, which could weigh on results even after a strong fourth quarter. Shares gained after hours as the cosmetics maker topped quarterly revenue and profit estimates. Investors are watching the outlook as they look for signs that Rhode, the skincare brand e.l.f. picked up from Hailey Bieber last year, will help drive growth. Tariffs, more spending, and softer core cosmetics share remain issues for the stock. Shares of e.l.f. finished regular trading 4.3% lower at $50.72 ahead of the after-hours action.