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

Oddity Tech

08/08/2024 03:12

* Oddity Tech Ltd  ODD.OQ  reported quarterly adjusted
earnings of
82 cents​​ per share for the quarter ended in June.  The mean
expectation of six analysts for the quarter was for earnings of
68 cents per share. Wall Street expected results to range from
63 cents to 69 cents per share.
    * Revenue was $192.77 million​; analysts expected $188.55
million. 
    * Oddity Tech Ltd's reported EPS for the quarter was 73
cents​.
    * The company reported quarterly net income of $45.49
million.
    * Oddity Tech Ltd shares had risen by 4.8% this quarter and
lost 11.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 10.8%
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 5 "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 $50.00 
This summary was machine generated from LSEG data August 8 at
02:12 a.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
 Jun. 30 2024      0.68           0.82           Beat
 Mar. 31 2024      0.49           0.61           Beat
 Dec. 31 2023      0.12           0.17           Beat
 Sep. 30 2023      0.14           0.21           Beat