04:37 PM EDT, 08/08/2024 (MT Newswires) -- E.l.f. Beauty (ELF) reported fiscal Q1 adjusted earnings late Thursday of $1.10 per diluted share, unchanged from a year earlier.

Analysts polled by Capital IQ expected $0.84.

Net sales for the quarter ended June 30 were $324.5 million, up from $216.3 million a year earlier.

Analysts surveyed by Capital IQ expected $304.7 million.

The company said it now expects fiscal 2025 adjusted EPS of $3.36 to $3.41, up from $3.20 to $3.25 expected previously. Analysts surveyed by Capital IQ expect $3.42.

Net sales for the fiscal year are now expected to range between $1.28 billion and $1.30 billion, compared with $1.23 billion to $1.25 billion anticipated previously. Analysts polled by Capital IQ expect $1.30 billion.

Shares were down 4% in after-hours trading.

Price: 180.98, Change: -6.97, Percent Change: -3.71