What move does the options market price into e.l.f. Beauty's report?

Implied ±9.8%, either direction.

ELFNYSEPerfumes, Cosmetics & Other Toilet Preparations

e.l.f. Beauty, Inc. (ELF) earnings date, market-implied expected move, and options open interest by expiry

111.56

Closed16:00 ET

Open110.89Volume1.0MMkt cap$6.6BP/E112.69EPS0.99

Day110.89 – 113.2628%52-wk48.82 – 124.9982%

ELF

e.l.f. Beauty, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±9.8%implied · report alone

100.69122.69

straddle ±11.0%

spot 111.69exp Nov 6ATM strike 112ATM straddle 14.50IV 117%

Oct 30 closereport share · term structure

Expected move

Inputs

Next report

Nov 4

after close · in 4 days

est.Q2 FY27

Calendar

Next report

Last report

+6.88%

shaded = implied · ▲▼ = realized

Aug 5 '26 · confirmed

Implied vs realized

Largest filed tie

10.00%

of ELF revenue · Sephora

customerELF 10-K

Supply chain

Largest filed tie

13F top-10 QoQ

+20.79%

shares held · 10 largest managers

13F · Jun 30 '26124d lag

439 managers

Top fund weight

0.12%

ELF weight · MDY

N-PORTJun 30 '26

3 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

e.l.f. Beauty (ELF) is expected to report on Nov 4 after close (estimated date).

Implied vs realized

1 report

—≥ implied

Q1 FY27Aug 5 '26confirmed—▲+6.88%—

quarterimplied−10%0+10%realized×

Q1 FY27—▲+6.88%—

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 8 expiries · Oct 28 close

0.27OI · 8 expiries · Oct 28 closeP/C open interest · Nov 6 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

720+70%Nov 66d2,684+10%

136+6%Nov 1313d0.63216+8%0.63

6,629+1%Nov 2020d0.818,136+1%0.81

81+23%Nov 2727d0.80101+11%0.80

0—Dec 434d—0——

3 later expiries

2,345+3%Dec 1848d0.703,3570%0.70

14,993+3%Jan 1576d0.9515,843−1%0.95

3,325+4%Feb 19111d1.851,794+1%1.85

ExpiryPutsCallsP/C

Nov 66d720+70%2,684+10%0.27

Nov 1313d136+6%216+8%0.63

Nov 2020d6,629+1%8,136+1%0.81

Nov 2727d81+23%101+11%0.80

Dec 434d0—0——

3 later expiries

Dec 1848d2,345+3%3,3570%0.70

Jan 1576d14,993+3%15,843−1%0.95

Feb 19111d3,325+4%1,794+1%1.85

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±11.0%

Funds 3

MDY±0.0%

VTI±0.0%

VT±0.0%

Dashed = straddleMethod Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ1 FY27

13.89%as filednet margin · revenue +6.70% QoQ · +35.52% YoY

Revenue

$479M+6.70% QoQ

Gross profit

$399M+22.17% QoQ

83.20% margin

Operating income

$102M+303.53% QoQ

21.37% margin

Pre-tax income

$94M+255.79% QoQ

Net income

$67M+234.91% QoQ

13.89% margin

Cost of revenue

$81M−34.44% QoQ

Operating expenses

$296M−21.33% QoQ

SG&A $280M

Other operating $16M

Other expense

$8M

Tax

$28M+348.12% QoQ

Revenue$479M+6.70%

Gross profit

$399M+22.17%

83.20% margin

Operating income

$102M+303.53%

21.37% margin

Pre-tax income

$94M+255.79%

Net income

$67M+234.91%

13.89% margin

Cost of revenue

$81M−34.44%

Operating expenses

$296M−21.33%

SG&A $280M

Other operating $16M

Other expense

$8M

Tax$28M+348.12%

flow · deduction · signed % = QoQSource: SEC filings · standardized · QE Jun 30 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Oct 30 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 16:00 ET

Intraday

Event sensitivity

PPI ×1.21· ±3.5% vs ±2.9% · 11 releases

eventrelease day|move|up · n×base

PPIproducer prices±3.5%4 of 11×1.21

FOMCrate decision±3.4%11 of 24×1.19

CPROFcorporate profits±3.3%9 of 12×1.14

GDPgross domestic product±2.8%14 of 19×0.98

CPIconsumer prices±2.6%6 of 11×0.89

NFPjobs report±2.4%6 of 10×0.83

PCEpersonal income & outlays±1.7%11 of 19×0.58

Bar = avg |move| to ±4% · tick = ±2.9% avg day · ×base = |move| ÷ ±2.9% · min 6 releases

Earnings history

EPS 1.12 · consensus —

Quarter	Reported	EPS	Consensus
Q1 FY27	Aug 5 '26 · confirmed	1.12	—
Q4 FY26	—	-0.84	—
Q3 FY26	—	0.65	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod