Ulta Beauty Inc <ULTA.O>: Profits of $4.15 per share anticipated for fourth quarter

November 29, 2022 01:09 PM PST | By Reuters
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29 November 2022 09:09 p.m. All figures in US dollars. Ulta Beauty Inc is expected to show an increase in its fourth quarter earnings to $4.15​ per share according to the mean Refinitiv estimate from twenty six analysts. Wall Street expects results to range from $3.59 to ​$4.84 per share. RECOMMENDATIONS * The consensus recommendation for the company is "Buy". This includes eight "Strong Buy", twelve "Buy", eleven "Hold". * The average consensus recommendation for the miscellaneous specialty retailers peer group is also "Buy". FORECAST CHANGES * Twenty eight analysts are currently providing Refinitiv with estimates. * In the last week two analysts have revised earnings estimates upward and there have been no negative earnings revisions. There were no changes to the number of estimates. * In the last four weeks the earnings per share estimate has risen by 1.39 percent from $4.09. Estimates ranged from a high of $4.84 to a low of $3.59. There has been no changes to the number of estimates. * The StarMine predicted earnings surprise is too low to be considered statistically significant. Predicted revenue surprise is too low to be significant. * The average price target from the twenty eight analysts providing estimates is $484.58. YEAR OVER YEAR * The company is expected to report a rise in revenue to $2.21 billion from $2 billion in the same quarter last year. * The current quarter consensus estimate of $4.15 per share implies a gain of 5.23 percent from the same quarter last year when the company reported $3.94 per share. * Previous quarterly performance (using preferred earnings measure) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET, MISSED Jul. 31 2022 5.00 5.70 Beat Apr. 30 2022 4.46 6.30 Beat Jan. 31 2022 4.58 5.41 Beat Oct. 31 2021 2.46 3.94 Beat This summary was machine generated from Refinitiv data November 29 at 09:09 p.m..


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