To The Moon

1. $e.l.f. Beauty Inc.(ELF)$ +19.17%: Tripled Earnings Show Surging Growth! e.l.f. Beauty, Inc., together with its subsidiaries, provides cosmetic and skin care products under the e.l.f. Cosmetics, e.l.f. Skin, Well People, and Keys Soulcare brand names worldwide. The company reported earnings that nearly tripled. Elf EPS vaulted 182% to $1.10 from 39 cents a year ago, way higher than the estimates of 57 cents. Sales surged 76.5% to $216.3 million, handily beating estimates of $184.6 million. Adjusted EPS: $1.10 vs. 57 cents Sales: $216.3 mln vs. $184.6 mln Furthermore, ELF raised its sales and EPS guidance for fiscal 2024, indicating strong confidence in its future performance. For fiscal 2024, ELF raised sales guidance to $792 million-802 million, up from $705 million-720 million. It also hiked EPS guidance to $2.19-$2.22, from $1.73-$1.76. The new outlook also beats wallstreet’s expectations: full-year EPS of $1.83 on revenue of $730 million. 2. $Match(MTCH)$ +10.83% on Tinder's Record-Breaking Quarter and Strong Revenue Match Group, Inc. provides dating products worldwide. Match Group experienced a surge in its stock after reporting revenue that exceeded analysts' expectations, primarily driven by the growth of its flagship dating property, Tinder. In the second quarter, Match Group's revenue increased by 4% to $830 million, with Tinder's direct revenue rising 6% to $475 million. This performance surpassed analysts' estimates of $811 million. In terms of earnings, Match Group reported earnings per share of 48 cents, a significant improvement from a loss of 11 cents per share in the same period last year. Adjusted EPS: 48 cents vs. 44 cents Revenue: $830 mln vs. $811 mln The growth and revenue acceleration of Tinder, even beyond the company's own expectations, led to a record-setting quarter, according to CEO Bernard Kim. The company also raised its third-quarter outlook, projecting revenue between $875 million to $885 million. 3. $Global Payments(GPN)$ Surges 9.52% on Stellar Q2 Earnings and Upbeat 2023 Outlook Global Payments Inc. provides payment technology and software solutions for card, check, and digital-based payments In the second quarter, Global Payments reported adjusted EPS of $2.62, exceeding the average analyst estimate of $2.58. This marked an increase from $2.40 in the previous quarter and $2.36 from the same period last year. Revenue for the quarter stood at $2.20 billion, surpassing the consensus estimate of $2.19 billion, and up from $2.05 billion in Q1 2023 and $2.06 billion in Q2 2022. Adjusted EPS: $2.62 vs. $2.36 Revenue: $2.20 bln vs. $2.19 bln The company raised the lower end of its 2023 guidance range for profit and sales while maintaining the upper end. For the full year, Global Payments now expects revenue to be in the range of $8.660 billion to $8.735 billion, compared to the consensus estimate of $8.65 billion. Similarly, full-year adjusted EPS is projected to be between $10.35 and $10.44, surpassing the consensus estimate of $10.34. In summary, Global Payments' strong second-quarter performance, along with its optimistic outlook for 2023, has driven the stock's significant increase. How do you view the top movers? Leave your comments to win tiger coins! Rewards All valid comments on the following post will receive 5 Tiger Coins. The First 10 and Last 10 Commentator with qualified comments will receive another 10 Tiger Coins.