Ulta Beauty, Inc. (ULTA) is likely to register a top and bottom-line decline when it reports third-quarter fiscal 2024 earnings on Dec. 5. The Zacks Consensus Estimate for revenues is pegged at $2.48 billion, implying a 0.3% decrease from the prior-year quarter’s reported figure. The consensus mark for earnings has remained unchanged in the past 30 days at $4.45 per share, indicating a 12.2% decline from the figure reported in the year-ago quarter. ULTA has a trailing four-quarter earnings surprise of nearl ...

Wall Street analysts expect Ulta Beauty (ULTA) to post quarterly earnings of $4.45 per share in its upcoming report, which indicates a year-over-year decline of 12.2%. Revenues are expected to be $2.48 billion, down 0.3% from the year-ago quarter.The consensus EPS estimate for the quarter has undergone an upward revision of 0.3% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Before a ...

Key TakeawaysE.l.f. and Ulta Beauty prices fell Monday morning while the broader market rose, but then reversed their trajectory.Ulta drew more shoppers this Black Friday than it did last year, unlike other health and beauty stores, according to RetailNext and Placer.ai.Ulta is scheduled to report its latest quarterly results tomorrow afternoon. Cosmetic companies' stocks had a colorful morning Monday, with their shares moving in various directions as investors digested preliminary Black Friday data. Share ...

Core Insights - Warren Buffett, known as the 'Oracle of Omaha', is a value investor who typically invests in businesses with attractive valuations and competitive advantages [1] - Berkshire Hathaway has been a net seller of stocks for the last eight quarters, maintaining a significant cash reserve [1] - Buffett's recent decision to significantly reduce his stake in Ulta Beauty may be seen as a potential misstep, especially as the stock has recently surged [1][3] Company Analysis - Berkshire Hathaway first invested in Ulta Beauty in Q2 2024, acquiring 690,106 shares when the stock was priced between $439 and $376 [3] - In Q3 2024, Buffett reduced his stake by 96%, retaining only 24,203 shares, while Ulta Beauty's stock traded between $412 and $322 during that quarter [3] - The upcoming earnings call for Ulta Beauty on December 5 is highly anticipated, especially following Bath & Body Works' strong earnings report, which may influence Ulta's stock performance [3]

Ulta Beauty Inc (NASDAQ:ULTA) stock is leading the S&P 500 Index (SPX) today ahead of the cosmetics retailer's third-quarter results, which are due out after the market closes on Thursday, Dec. 5. e,l.f Beauty Inc's (NYSE:ELF) fiscal second-quarter report is not far behind, scheduled for release after the market closes on Friday, Dec. 6. Both events could have implications for sector peer Estee Lauder Companies Inc (NYSE:EL), making this an excellent time to check in with these three beauty industry giants. ...

Beating the market is my one and only objective. If I can't make a case for a stock to beat the S&P's historical return of 7-8% per year, I won't buy it. And wouldn't recommend you do either.I'm primarily a GARP investor with a strong focus on fundamentals. I cater to consumer discretionary stocks because these are within my circle of competence. I cover the occasional tech stock if I understand the business and/or am a paying customer.I love researching companies, analyzing financial statements, listening ...

Ulta Beauty (ULTA) closed at $360.47 in the latest trading session, marking a -0.6% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 0.57%. On the other hand, the Dow registered a gain of 0.28%, and the technology-centric Nasdaq increased by 0.63%.Shares of the beauty products retailer have depreciated by 4.59% over the course of the past month, underperforming the Retail-Wholesale sector's gain of 6.19% and the S&P 500's gain of 3.15%.The upcoming earnings release of ...

Well, that wasn't long.Just one quarter after Warren Buffett's Berkshire Hathaway bought more than $266 million worth of Ulta Beauty (ULTA -4.60%) stock, the conglomerate dumped nearly all of that stake in the third quarter this year, selling more than 95% of its shares.The move was surprising for those who follow Buffett. The Oracle of Omaha is known as a long-term investor, having said, "Our favorite holding period is forever" when the right conditions are met. He has held some stocks for decades, includi ...

Ulta Beauty (NASDAQ: ULTA ) stock has fallen 22% year-to-date while the market has soared. Investors are likely disappointed by the lack of growth recently and the fact that 2024 and 2025 will be transitional years for the company.I objectively search for undervalued stocks of any size across a wide variety of industries using quantitative methods that I've thoroughly backtested for success. I believe the numbers are more important than the story (most of the time), as they tend to paint a more realistic pi ...

Uttam is a growth-oriented investment analyst whose equity research primarily focuses on the technology sector. Semiconductors, Artificial Intelligence and Cloud software are some of the key sectors that are regularly researched and published by him. His research also focuses on other areas such as MedTech, Defense Tech, and Renewable Energy. In addition, Uttam also authors The Pragmatic Optimist Newsletter along with his wife, Amrita Roy, who is also an author on the newsletter as well as on this platform. ...