ELF · PEAD ↑ 88

e.l.f. Beauty reported Q2 FY2027 EPS of $0.80 on 2026-11-04, beating the $0.37 consensus by $0.43 (+116.2%).

Print-day reaction was +1.9% versus the prior close, a measured initial lift on the sharp earnings beat. The overnight gap to T+1 open added a further +0.3%, indicating no meaningful after-hours fade. Over the following two trading days the stock drifted an additional +8.6%, a substantial continuation that more than doubled the print-day gain. Cumulative abnormal return of +7.3% versus SPY.US — which declined 0.2% over the same window — firmly places this in PEAD long territory; the documented drift pattern holds through 2027-02-01.