Ulta Beauty, Inc. (NASDAQ:ULTA) is set to announce second quarter earning results on Thursday 27th August 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, ULTA to report 2Q20 income of $ 0.06 per share.
For the full year, analysts anticipate top line of $ 6399.61 million, while looking forward to income of $ 4.16 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 7,916.00 million ~ $ 7,990.00 million, where as bottomline are predicted in a range of $ 12.55 ~ $ 12.75 per share
Click Here For More Historical Outlooks Of Ulta Beauty, Inc.
Previous Quarter Performance
Ulta Beauty, Inc. outlined loss for the first quarter of $ 1.05 per share, from the revenue of $ 1,173.20 million. The consensus estimates are income of $ 0.68 per share from $ 1245.90 million in revenue. The bottom line results missed street analysts by $ 1.73 or 254.41 percent, at the same time, top line results fell short of analysts by $ 72.7 million or 5.84 percent.
Stock Performance
Shares of Ulta Beauty, Inc. traded up $ 0.98 or 0.45 percent on Wednesday, reaching $ 220.76 with volume of 1.02 million shares. Ulta Beauty, Inc. has traded high as $ 223.49 and has cracked $ 216.06 on the downward trend
The closing price of $ 220.76, representing a 77.17 % increase from the 52 week low of $ 124.05 and a 35.74 % decrease over the 52 week high of $ 342.00.
The company has a market capital of $ 12.43 billion and is part of the Consumer Cyclical sector and Specialty Retail industry.
Recent Analyst recommendations
- On 12th August 2020, initiated by Bank of America at Neutral rating, with $ 230.00 target price.
Conference Call
Ulta Beauty, Inc. will be hosting a conference call at 5:00 PM eastern time on 27th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website edge.media-server.com/mmc/p/r29yy5m2
Ulta Beauty, Inc. operates as a beauty retailer in the United States. The companys stores offer cosmetics, fragrances, skincare and haircare products, bath and body products, and salon styling tools; salon services, including hair, skin, makeup, and brow services; and others, including nail products and accessories.
