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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Oct. 31 2024 | 4.54 | 5.14 | Beat |
Jul. 31 2024 | 5.46 | 5.30 | Missed |
Apr. 30 2024 | 6.24 | 6.47 | Beat |
Jan. 31 2024 | 7.53 | 8.08 | Beat |