Oddity Tech (NASDAQ:ODD – Get Free Report) issued an update on its second quarter earnings guidance on Tuesday morning. The company provided earnings per share guidance of $0.61-0.64 for the period, compared to the consensus earnings per share estimate of $0.55. The company issued revenue guidance of $185-189 million, compared to the consensus revenue estimate of $186.43 million. Oddity Tech also updated its FY24 guidance to $1.57-1.62 EPS.
Oddity Tech Price Performance
ODD traded down $1.05 on Tuesday, reaching $31.26. 2,196,575 shares of the stock were exchanged, compared to its average volume of 853,987. The company’s 50-day moving average price is $39.22 and its 200 day moving average price is $38.86. The firm has a market capitalization of $1.78 billion and a PE ratio of 30.91. Oddity Tech has a fifty-two week low of $24.12 and a fifty-two week high of $56.00.
Oddity Tech (NASDAQ:ODD – Get Free Report) last posted its quarterly earnings results on Tuesday, March 5th. The company reported $0.05 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.05. The company had revenue of $97.25 million during the quarter, compared to analyst estimates of $86.38 million. Oddity Tech had a net margin of 11.51% and a return on equity of 26.22%. As a group, equities analysts forecast that Oddity Tech will post 1.22 earnings per share for the current fiscal year.
Analysts Set New Price Targets
Read Our Latest Stock Report on ODD
About Oddity Tech
Oddity Tech Ltd. operates as a consumer tech company that builds digital-first brands for the beauty and wellness industries in the United States and internationally. It serves consumers worldwide through its AI-driven online platform, which uses data science, machine learning, and computer vision capabilities to identify consumer needs, and develop solutions in the form of beauty and wellness products.
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