StockNews.AI
ULTA
Benzinga
159 days

Ulta Beauty Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

1. ULTA's Q4 earnings forecast is $7.15 per share, down from $8.08. 2. Projected quarterly revenue is $3.47 billion, lower than last year's $3.55 billion. 3. CEO Dave Kimbell announced retirement, which could impact company direction. 4. ULTA shares fell 3.9% to $329.23 on recent trading. 5. Analysts express mixed outlook with various adjusted price targets.

4m saved
Insight
Article

FAQ

Why Bearish?

The expected decline in earnings and revenue indicates potential difficulties ahead. Historical data often shows stock price depreciation correlated with lowered earnings forecasts.

How important is it?

The anticipated earnings drop combined with CEO retirement indicates significant changes in company outlook. Market sentiment may turn negative as a result.

Why Short Term?

Immediate investor reaction to upcoming earnings typically affects stock prices. Recent negative sentiment can lead to further declines in the short term.

Related Companies

Related News