Ulta Beauty Q1 Earnings Preview
<p>Oppenheimer analysts shared their outlook on <a href='https://financialmodelingprep.com/financial-summary/ULTA'>Ulta Beauty, Inc. (NASDAQ:ULTA) </a>ahead of the company’s upcoming Q1 earnings announcement, expected on May 26.</p>
<p>The analysts expect another strong top- and bottom-line delivery, with their base case assuming a Q1 comp increase of at least 7% and an EPS delivery above the Street estimate of $4.45.</p>
<p>The analysts expect management to conservatively reaffirm guidance amidst a fluid consumer backdrop vs. flowing through a beat.  The analysts maintained their outperform rating and $470 price target on the company’s shares.</p>

NASDAQ:ULTA