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

Olaplex Holdings

09/05/2023 14:32

* Olaplex Holdings Inc  OLPX.OQ  reported quarterly adjusted
earnings of 5 cents​​ per share for the quarter ended in March.
The mean expectation of thirteen analysts for the quarter was
for earnings of 4 cents per share.
    * Revenue fell 38.9% to $113.79 million from a year ago;
analysts
expected $110.16 million. 
    * Olaplex Holdings Inc's reported EPS for the quarter was 3
cents​.
    * The mean earnings estimate of analysts had fallen by
about 54.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Olaplex Holdings Inc shares had fallen by 7.0% this
quarter and
lost 23.8% so far this year.
    * The company reported quarterly net income of $20.96
million.
    * Wall Street's median 12-month price target for Olaplex
Holdings
Inc is $5.50 
    * 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 May
9 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      0.13           0.14           Beat