Oddity Tech Ltd reports results for the quarter ended in December - Earnings Summary

Oddity Tech

05/03/2024 23:40

* Oddity Tech Ltd  ODD.OQ  reported quarterly adjusted
earnings of
17 cents​​ per share for the quarter ended in December.  The
mean expectation of five analysts for the quarter was
for earnings of 12 cents per share. Wall Street expected
results to range from 12 cents to 13 cents per share.
    * Revenue was $97.25 million​; analysts expected $85.51
million. 
    * Oddity Tech Ltd's reported EPS for the quarter was 8
cents​.
    * The company reported quarterly net income of $5.11
million.
    * Oddity Tech Ltd shares had fallen by 0.3% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 14.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the personal
products
peer group is also "buy"

Wall Street's median 12-month price target for Oddity Tech Ltd
is $47.00 
This summary was machine generated from LSEG data March 5 at
11:39 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.12           0.17           Beat
 Sep. 30 2023      0.14           0.21           Beat