Ulta Raises FY23 Adj. EPS Guidance From $24.70-$25.40 To $25.10-$25.60 vs $25.26 Est.
Portfolio Pulse from Benzinga Newsdesk
Ulta Beauty has increased its FY23 adjusted EPS guidance from $24.70-$25.40 to $25.10-$25.60, compared to the estimated $25.26.
August 24, 2023 | 8:07 pm
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Ulta Beauty has raised its FY23 adjusted EPS guidance, which is now above the estimated value. This could indicate a positive financial performance.
Ulta Beauty's raised EPS guidance for FY23 indicates that the company expects to perform better financially than previously estimated. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100