Ulta Beauty Inc reports results for the quarter ended October 31 - Earnings Summary

• Ulta Beauty Inc ULTA.OQ reported quarterly adjusted earnings of $5.14​​ per share for the quarter ended October 31, higher than the same quarter last year, when the company reported EPS of $5.07. The mean expectation of twenty seven analysts for the quarter was for earnings of $4.54 per share. Wall Street expected results to range from $4.13 to $4.99 per share.

• Revenue rose 1.7% to $2.53 billion from a year ago; analysts expected $2.50 billion.

• Ulta Beauty Inc's reported EPS for the quarter was $5.14​.

• The company reported quarterly net income of $242.18 million.

• Ulta Beauty Inc shares had risen by 2.7% this quarter and lost 18.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.8% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 13 "strong buy" or "buy," 16 "hold" and 2 "sell" or "strong sell."

• The average consensus recommendation for the miscellaneous specialty retailers peer group is also "hold"

Wall Street's median 12-month price target for Ulta Beauty Inc is $400.00

This summary was machine generated from LSEG data December 5 at 10:00 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)