A Preview Of Ulta Beauty's Earnings
Portfolio Pulse from Benzinga Insights
Ulta Beauty (NASDAQ:ULTA) is expected to release its quarterly earnings report on Thursday, 2023-11-30, with an estimated EPS of $4.96. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, Ulta's stock price has shown varied reactions to past earnings performances, with a mix of slight increases and decreases following earnings releases. The stock is currently trading at $417.96, down 11.33% over the last 52 weeks, indicating a bearish sentiment among long-term shareholders ahead of the earnings report.
November 29, 2023 | 2:01 pm
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NEUTRAL IMPACT
Ulta Beauty is anticipated to report quarterly earnings with an EPS estimate of $4.96. Investors are focused on earnings performance and future guidance. The stock has declined 11.33% over the past year, reflecting bearish sentiment.
The short-term impact on ULTA's stock price will likely hinge on whether the company beats the EPS estimate and provides strong future guidance. Historical data shows mixed stock price reactions post-earnings, suggesting a neutral score. The relevance is high as the earnings report is directly related to the company's performance. The importance is also high due to the potential for the earnings report to significantly influence investor sentiment and stock price. Confidence is not at the maximum because market reactions can be unpredictable and may also be influenced by broader market trends or unforeseen commentary during the earnings call.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100