Ulta Beauty (NASDAQ:ULTA) reported its Q3 results, with EPS of $5.34 beating the Street estimate of $4.09. Revenue was $2.3 billion, coming in above the Street estimate of $2.2 billion.

Analysts at Deutsche Bank consider the Q3 results one of the best prints this earnings season. While the company’s 14.6% comp growth was largely in line with the Street estimate of 14%-15%, the analysts think the main standout was the strong flow-through with a significant EPS beat.

For fiscal 2023, the company expects EPS to be in the range of $22.60-$22.90, compared to the Street estimate of $21.40. Revenue is seen in the range of $9.95-10 billion, better than the Street estimate of $9.77 billion.