Ulta Beauty Q1 EPS $6.88 Beats $6.87 Estimate, Sales $2.63B Beat $2.62B Estimate
Portfolio Pulse from Happy Mohamed
Ulta Beauty reported Q1 earnings of $6.88 per share, beating the analyst consensus estimate of $6.87 by 0.15%. Sales reached $2.63B, surpassing the $2.62B estimate by 0.55%. Both earnings and sales increased compared to the same period last year.
May 25, 2023 | 8:06 pm
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Ulta Beauty's Q1 earnings and sales beat analyst estimates, with a 9.21% increase in EPS and a 12.29% increase in sales compared to last year.
Ulta Beauty's Q1 earnings beat analyst estimates, which is a positive signal for investors. The growth in both earnings and sales compared to the same period last year indicates a strong financial performance, likely leading to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100