Ulta Salon, Cosmetics & Fragrance First Quarter Earnings Sneak Peek

Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA) will unveil its latest earnings on Tuesday, June 5, 2012. Ulta Salon, Cosmetics & Fragrances is a beauty retailer that provides one-stop shopping for salon products and salon services in the United States.

Ulta Salon, Cosmetics & Fragrance, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 53 cents per share, a rise of 43.2% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 46 cents. Between one and three months ago, the average estimate moved up. It has risen from 48 cents during the last month. For the year, analysts are projecting profit of $2.50 per share, a rise of 31.6% from last year.

Past Earnings Performance: Last quarter, the company beat estimates by 5 cents, coming in at net income of 73 cents a share versus the estimate of profit of 68 cents a share. It marked the fourth straight quarter of beating estimates.

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Wall St. Revenue Expectations: Analysts are projecting a rise of 22.8% in revenue from the year-earlier quarter to $473.9 million.

Analyst Ratings: Of the nine analysts surveyed, five (55.6%) rate Ulta Salon, Cosmetics & Fragrance a buy. This falls short of the analyst rating of six competitors, which average 62.5% buy ratings.

A Look Back: In the fourth quarter of the last fiscal year, profit rose 53.8% to $46.3 million (73 cents a share) from $30.1 million (49 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 23% to $582.5 million from $473.7 million.

Key Stats:

On the top line, the company is looking to build on three-straight revenue increases heading into this earnings announcement. Revenue increased 22.6% in the second quarter of the last fiscal year and 21.8% in the third quarter of the last fiscal year before climbing again in the fourth quarter of the last fiscal year of the last fiscal year.

Stock Price Performance: Between April 2, 2012 and May 30, 2012, the stock price had fallen $4.32 (-4.6%), from $93.92 to $89.60. The stock price saw one of its best stretches over the last year between January 6, 2012 and January 19, 2012, when shares rose for nine straight days, increasing 11.3% (+$7.87) over that span. It saw one of its worst periods between August 12, 2011 and August 22, 2011 when shares fell for seven straight days, dropping 17.7% (-$10.50) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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