Oddity Tech (ODD) to Release Quarterly Earnings on Wednesday

Oddity Tech (NASDAQ:ODD) will post its quarterly earnings results after the market closes on Wednesday, November 6th. Analysts expect Oddity Tech to post earnings of $0.22 per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Oddity Tech (NASDAQ:ODD) last posted its quarterly earnings data on Wednesday, August 7th. The company reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.58 by $0.24. The firm had revenue of $192.77 million during the quarter, compared to analysts’ expectations of $188.49 million. Oddity Tech had a return on equity of 26.66% and a net margin of 14.66%. The company’s revenue for the quarter was up 27.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.52 EPS. On average, analysts expect Oddity Tech to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Oddity Tech Price Performance

Shares of ODD stock opened at $39.92 on Tuesday. The stock has a market capitalization of $2.27 billion, a PE ratio of 28.31, a P/E/G ratio of 1.31 and a beta of 4.40. Oddity Tech has a 1-year low of $27.52 and a 1-year high of $50.36. The business has a 50-day moving average of $37.82 and a 200 day moving average of $38.31.

Analyst Upgrades and Downgrades

Separately, Barclays dropped their target price on Oddity Tech from $40.00 to $39.00 and set an “equal weight” rating for the company in a report on Friday, August 9th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $52.83.

Oddity Tech Company Profile

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.