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Actionable news in ULTA: Ulta Salon, Cosmetics & Fragrance, Inc.,

What to Look for When Ulta Posts Q3 Earnings

Ulta Salon, Cosmetics & Fragrance (ULTA) is projected to report higher third-quarter earnings and revenue year-over-year after Thursday's closing bell, according to analysts.

Surveyed by FactSet, analysts are forecasting earnings of $1.37 per share on revenue of $1.1 billion. During the same quarter last year, the Bolingbrook, IL-based beauty retailer earned $1.11 per diluted share on revenue of $910.7 million.

Wall Street also expects comparable-store sales to jump 14.8% during the most recent period, according to FactSet. A year ago, Ulta reported...