Oddity Tech (ODD) to Release Quarterly Earnings on Wednesday

Oddity Tech (NASDAQ:ODD - Get Free Report) is scheduled to announce its earnings results after the market closes on Wednesday, November 6th. Analysts expect the company to announce earnings of $0.22 per share for the quarter. Individual that wish to listen to the company's earnings conference call can do so using this link.

Oddity Tech (NASDAQ:ODD - Get Free Report) last released its quarterly earnings data on Wednesday, August 7th. The company reported $0.82 EPS for the quarter, topping the consensus estimate of $0.58 by $0.24. The business had revenue of $192.77 million for the quarter, compared to analyst estimates of $188.49 million. Oddity Tech had a net margin of 14.66% and a return on equity of 26.66%. The business's revenue for the quarter was up 27.4% compared to the same quarter last year. During the same period in the previous year, the firm 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

ODD traded down $0.42 during midday trading on Wednesday, reaching $39.24. 119,145 shares of the company's stock were exchanged, compared to its average volume of 677,407. Oddity Tech has a 1-year low of $24.45 and a 1-year high of $50.36. The stock has a market capitalization of $2.23 billion, a PE ratio of 32.70, a P/E/G ratio of 1.30 and a beta of 4.49. The business's 50-day moving average price is $37.82 and its 200 day moving average price is $38.22.

Wall Street Analyst Weigh In

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

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.