Olaplex Holdings Inc expected to post earnings of 3 cents a share - Earnings Preview

Olaplex Holdings

27/02/2024 14:09

* Olaplex Holdings Inc  OLPX.OQ   OLPX.O  is expected
to show a
fall in quarterly revenue when it reports  results on February
29 for the period ending December 31 2023
    * The Santa Barbara California-based  company is expected to
report a 16.8% decrease in revenue to $108.782 million from
$130.72 million a year ago, according to the mean estimate from
9 analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Olaplex Holdings Inc is
for
earnings of 3 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 9
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Olaplex
Holdings
Inc is $2.08​, above​ its last closing price of $1.93. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.04        0.04       0.05      Beat    42.9
 Jun. 30 2023  0.04        0.05       0.03      Missed  -41
 Mar. 31 2023  0.04        0.04       0.05      Beat    15.6​
 Dec. 31 2022  0.06        0.06       0.07      Beat    13.7
 ​​Sep.        0.10        0.10       0.11      Beat    10.6
 30 2022                                                
 Jun. 30 2022  0.13        0.13       0.14      Beat    8.4​
 Mar. 31 2022  0.11        0.11       0.13      Beat    17.3
 Dec. 31 2021  0.10        0.10       0.10      Met     5.3
 This summary was machine generated February 27 at 14:08 GMT. 
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)