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Ulta Beauty Fiscal Q3 Earnings, Net Sales Rise; FY EPS Guidance Range Boosted; Shares Jump After Hours
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Ulta Beauty Fiscal Q3 Earnings, Net Sales Rise; FY EPS Guidance Range Boosted; Shares Jump After Hours
Dec 5, 2024 1:50 PM

04:33 PM EST, 12/05/2024 (MT Newswires) -- Ulta Beauty ( ULTA ) reported fiscal Q3 earnings late Thursday of $5.14 per diluted share, up from $5.07 a year earlier.

Analysts polled by FactSet expected $4.53.

Net sales in the 13 weeks ended Nov. 2 rose to $2.53 billion from $2.49 billion a year earlier.

Analysts surveyed by FactSet expected $2.50 billion.

In fiscal 2024, the company expects EPS of $23.20 to $23.75 on revenue of $11.1 billion to $11.2 billion. The previous outlook was EPS of $22.60 to $23.50 on revenue of $11 billion to $11.2 billion.

Analysts polled by FactSet expect EPS of $23.16 on revenue of $11.1 billion.

Shares of Ulta Beauty ( ULTA ) jumped 12% in recent after-hours activity.

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