E.l.f. Beauty, Enphase Energy, H&R Block: Earnings in focus

E.l.f. Beauty (ELF) raises its full-year guidance after topping its third-quarter earnings estimates.

Enphase Energy (ENPH) stock surges despite reported mixed fourth-quarter earnings.

Lastly, tax prep service H&R Block (HRB) beats fiscal second-quarter revenue estimates.

For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Editor's note: This article was written by Luke Carberry Mogan.

Video Transcript

[AUDIO LOGO]

JULIE HYMAN: Let's take a look at what is trending after hours. A lot of earnings reports here. We're watching shares of cosmetic maker, ELF Beauty. The company raising its full year guidance after beating estimates for earnings and sales in its third quarter. The shares up 5%.

Enphase Energy also jumping after hours, maker of solar equipment here, missing on revenue, but beating on earnings in its fourth quarter. The CEO saying that the first quarter of 2024 may be the bottom of the market with the channel normalizing by the end of the second quarter. That's sending those shares up 16%.

And tax preparer, H&R Block, reporting as well, up 1.1% or so. The company reaffirming its full-year outlook after beating on revenue and earnings. And H&R Block also announcing its chief financial officer Tony Bowen is going to be retiring, stepping down in September of this year. And by the way, we're going to speak to H&R Block CEO Jeff Jones tomorrow on the program. Don't want to miss that.

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