E.l.f. Beauty Stock Sinks 22% After Earnings. What’s Startling Investors.
1. ELF's quarterly earnings missed analysts' expectations, plunging 33.87%. 2. The company projects 2026 earnings of $2.80-$2.85, below analyst expectations. 3. Adjusted earnings of 68 cents fell short of the forecasted $1.02. 4. Sales grew 14% sequentially but were below the expected $473 million. 5. Shares are set for the largest drop since February 2019.