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0 0.00068823124569854 0.00068823124569854 0.00137646249139708 0.00137646249139708 0.00206469373709562 -0.00068823124569854 0.00068823124569854
Stock impact report

Oddity Tech (ODD) Soars 7.4%: Is Further Upside Left in the Stock? [Yahoo! Finance]

Alight, Inc. Class A (ALIT) 
Company Research Source: Yahoo! Finance
This compares to the stock's 16.3% loss over the past four weeks. Oddity Tech is benefiting from strong revenue growth, fueled by a 6% increase in average order value in second quarter of 2024 and steady momentum from both IL MAKIAGE and SpoiledChild brands. This online retailer of cosmetics and beauty products is expected to post quarterly earnings of $0.22 per share in its upcoming report, which represents a year-over-year change of +4.8%. Revenues are expected to be $115.79 million, up 22.6% from the year-ago quarter. While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. For Oddity Tech, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, Show less Read more
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