What to Expect From Ulta Beauty’s Upcoming Q1 Earnings?
<p>Oppenheimer analysts provided their outlook on <a href='https://financialmodelingprep.com/financial-summary/ULTA'>Ulta Beauty, Inc. (NASDAQ:ULTA)</a> ahead of the upcoming Q1 earnings report, scheduled on May 25, expecting another strong top-line delivery, but seeing more subdued bottom-line growth. </p>
<p>Unlike previous quarters, the analysts believe that there is not much room for improvement in earnings per share (EPS) due to an ambitious investment plan, a slightly more competitive beauty market, and a declining retail industry for non-essential items. They anticipate Q1 EPS of $6.57, compared to the Street estimate of $6.82.</p>
<p>On the guidance front, the analysts expect management to only reiterate full-year guidance vs. flowing through any potential beat amidst ongoing macro uncertainty and the conservative nature of the management team.</p>

NASDAQ:ULTA