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commented on a stock · Aug 9, 2024 04:22
$e.l.f. Beauty (ELF.US)$ why is there a negative -10% at the...
$e.l.f. Beauty (ELF.US)$ why is there a negative -10% at the beginning when earnings beat estimates on both lines, short positions closed?
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Tonyco : Not just a beat... they trounced it.... 26%+
Tonyco : oh I see, rev beat but eps down. Less money for investors makes them sell
Prosperity8888 : You need to look into the full earnings report. Their net income dropped and expenses increased by more than 100% compared to last year.