Ulta Beauty (ULTA) is set to report Q1 results tonight after the close with a conference call to follow at 5pm ET. ULTA reported Q4 results at 4:03pm.

Current Capital IQ consensus stands at EPS of $2.48 on revenue of $1.518 bln.

Current guidance is for Revenue in the range of $1.506-1.519 mln; EPS in the range of $2.43-2.48; Comp store sales (including e-commerce sales) are expected in the range of 6-7%.

Q2 Guidance

Current Capital IQ consensus stands at EPS of $2.48 on revenues of $1.492 bln

TECHS:

Shares of ULTA are seeing some resistance at the $250. ULTA market cap sits at $15 bln; Forward P/E is at 19.5x; Price/Sales is 2.56x; Float is only 57.6 mln and there is a 4% short interest in the name.