Olaplex Holdings Inc reports results for the quarter ended in June - Earnings Summary

Olaplex Holdings

08/08/2023 14:34

* Olaplex Holdings Inc  OLPX.OQ  reported quarterly adjusted
earnings of 3 cents​​ per share for the quarter ended in June.
The mean expectation of thirteen analysts for the quarter was
for earnings of 5 cents per share.
    * Revenue fell 48.2% to $109.24 million from a year ago;
analysts
expected $131.17 million. 
    * Olaplex Holdings Inc's reported EPS for the quarter was 1
cent​.
    * The mean earnings estimate of analysts had fallen by
about 20.8%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Olaplex Holdings Inc shares had fallen by 4.0% this
quarter and
lost 31.5% so far this year.
    * The company reported quarterly net income of $6.16
million.
    * Wall Street's median 12-month price target for Olaplex
Holdings
Inc is $4.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 7
"hold" and 3 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 8 at 01:34 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.05           0.03           Missed
 Mar. 31 2023      0.04           0.05           Beat
 Dec. 31 2022      0.06           0.07           Beat
 Sep. 30 2022      0.10           0.11           Beat