Oddity Tech (ODD) Tops Q4 Earnings and Revenue Estimates

Core Insights - Oddity Tech reported quarterly earnings of $0.20 per share, exceeding the Zacks Consensus Estimate of$0.13 per share, and showing an increase from $0.17 per share a year ago, resulting in an earnings surprise of 53.85$123.64 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 3.17% and increasing from $97.25 million year-over-year [2] - Oddity Tech has consistently outperformed consensus EPS and revenue estimates over the last four quarters [2] Earnings Outlook - The future performance of Oddity Tech's stock will largely depend on management's commentary during the earnings call and the sustainability of the recent price movements [3][4] - The current consensus EPS estimate for the upcoming quarter is$0.53 on revenues of $255.24 million, and for the current fiscal year, it is$1.74 on revenues of $772.64 million [7] Industry Context - The Internet - Software industry, to which Oddity Tech belongs, is currently ranked in the top 28% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Oddity Tech's stock performance [5][6]