Ulta Salon Cosmetics & Fragrance Earnings Preview: Can This Streak Continue?

Ulta Salon Cosmetics & Fragrance (NASDAQ:ULTA) will report earnings after markets close on Tuesday, June 11th. Ulta Salon, Cosmetics & Fragrance, Inc. sells cosmetics, fragrances, skin and hair care products, appliances, and accessories. The Company also offers hair salon services, manicures, pedicures, massages, and other beauty & spa treatments.

Here is your Cheat Sheet to Ulta Salon Cosmetics & Fragrance Earnings:

Earnings Expectations: Analysts expect earnings of $0.62 per share on revenues of $576.30 million. Currently, the company’s P/E ratio stands at 32.50.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.72 to a profit $0.68. For the current year, the average estimate is a profit of $3.31, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Ulta Salon Cosmetics & Fragrance has been performing on an annual basis:

Fiscal Year 2009 2010 2011 2012 2013
Revenue ($) in millions 1,085 1,223 1,455 1,776 2,220
Diluted EPS ($) 0.43 0.66 1.16 1.90 2.68

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Apr. 30, 2012 Jul. 31, 2012 Oct. 31, 2012 Jan. 31, 2013
Revenue ($) in millions 474.10 481.68 505.64 758.84
Diluted EPS ($) 0.54 0.54 0.59 1.00

Past Performance:
Ulta Salon Cosmetics & Fragrance has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)