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ODD Oddity Tech News Story

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ODDITY Tech beats Q2 adjusted profit  estimates

Overview

ODDITY Tech Q2 revenue rises 25% yr/yr, beating analyst expectations, per LSEG data

Adjusted EPS for Q2 beats consensus, per LSEG data

Co plans Brand 3 launch, expanding into medical-grade products

Outlook

ODDITY raises FY2025 revenue outlook to $799-804 mln

Company expects FY2025 adjusted EBITDA of $160-162 mln

ODDITY forecasts Q3 revenue between $144 mln and $146 mln

Company sees FY2025 adjusted EPS between $2.06 and $2.09

Result Drivers

ONLINE REVENUE GROWTH - Double-digit online revenue growth for IL MAKIAGE and SpoiledChild contributed to Q2 results

INTERNATIONAL EXPANSION - Accelerated international expansion supported revenue growth

Key Details

MetricBeat/MissActualConsensus Estimate
Q2 RevenueBeat$241 mln$238.40 mln (6 Analysts)
Q2 Adjusted EPSBeat$0.92$0.88 (7 Analysts)
Q2 EPS$0.79
Q2 Adjusted Net IncomeBeat$57 mln$52.90 mln (5 Analysts)
Q2 Adjusted EBITDABeat$70 mln$67.30 mln (5 Analysts)
Q2 Gross Margin72.3%
Q2 Adjusted EBITDA Margin28.8%
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell" The average consensus recommendation for the personal products peer group is "buy" Wall Street's median 12-month price target for Oddity Tech Ltd is $72.50, about 1.1% above its August 1 closing price of $71.70 The stock recently traded at 32 times the next 12-month earnings vs. a P/E of 29 three months ago Press Release: ID:nGNX6n5fdg (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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