Shares of Elf Beauty Inc. rose 7.4% in the extended session Wednesday after the cosmetics company blew past Wall Street’s expectations for its fiscal second quarter and raised guidance.
E.l.f. Beauty (ELF) came out with quarterly earnings of $0.77 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.82 per share a year ago.