Benzinga | Aug 26, 2020 10:45AM EDT

Earnings Outlook for Ulta Beauty

On Thursday, August 27, Ulta Beauty (NASDAQ: ULTA) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.

Earnings and Revenue

Ulta Beauty EPS is expected to be around $0.06, according to sell-side analysts. Sales will likely be near $1.24 billion. Ulta Beauty earnings in the same period a year ago was $2.72 per share. Quarterly sales came in at $1.67 billion. If the company were to post earnings per share in line with the consensus estimate when it reports Thursday, EPS would be down 97.79%. Sales would have fallen 0.8% from the same quarter last year. Here's how the Ulta Beauty's reported EPS has stacked up against analyst estimates in the past:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019EPS Estimate 0.68 3.73 2.13 2.80EPS Actual -1.05 3.83 2.23 2.72Revenue Estimate 1.25 B 2.32 B 1.69 B 1.68 BRevenue Actual 1.17 B 2.31 B 1.68 B 1.67 B

Stock Performance

Shares of Ulta Beauty were trading at $219.78 as of August 27. Over the last 52-week period, shares are down 34.42%. Given that these returns are generally negative, long-term shareholders are probably unhappy going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Ulta Beauty is scheduled to hold the call at 17:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/r29yy5m2