* Ulta Beauty Inc reported quarterly adjusted earnings of $5.30 per share for the quarter ended July 31, lower than the same quarter last year, when the company reported EPS of $6.02. The mean expectation of twenty six analysts for the quarter was for earnings of $5.46 per share. Wall Street expected results to range from $4.99 to $5.99 per share.
* Revenue rose 0.9% to $2.55 billion from a year ago; analysts expected $2.61 billion.
* Ulta Beauty Inc's reported EPS for the quarter was $5.30.
* The company reported quarterly net income of $252.56 million.
* Ulta Beauty Inc shares had fallen by 4.9% this quarter and lost 25.1% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 5% in the last three months.
* In the last 30 days, eleven analysts negatively revised earnings estimates
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy," 15 "hold" and 1 "sell" or "strong sell."
* The average consensus recommendation for the miscellaneous specialty retailers peer group is also "buy"
Wall Street's median 12-month price target for Ulta Beauty Inc is 450.00 This summary was machine generated from LSEG data August 29 at 09:01 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Jul. 31 2024 5.46 5.30 Missed
Apr. 30 2024 6.24 6.47 Beat
Jan. 31 2024 7.53 8.08 Beat
Oct. 31 2023 4.95 5.07 Beat
