Ulta Beauty (ULTA) Releases Q4 Earnings Guidance
Ulta Beauty (NASDAQ:ULTA) issued an update on its fourth quarter earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $3.50-3.55 for the period, compared to the Thomson Reuters consensus estimate of $3.62. The company issued revenue guidance of $2.085-2.103 billion, compared to the consensus revenue estimate of $2.12 billion.Ulta Beauty also updated its Q4 2018 guidance to $3.50-3.55 EPS.
Shares of NASDAQ ULTA opened at $254.47 on Friday. The company has a market cap of $17.51 billion, a P/E ratio of 31.19, a price-to-earnings-growth ratio of 1.47 and a beta of 0.63. Ulta Beauty has a 12-month low of $191.70 and a 12-month high of $322.49.
Ulta Beauty (NASDAQ:ULTA) last announced its earnings results on Thursday, December 6th. The specialty retailer reported $2.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.16 by $0.02. The company had revenue of $1.56 billion during the quarter, compared to analyst estimates of $1.56 billion. Ulta Beauty had a net margin of 9.99% and a return on equity of 33.96%. The firm’s quarterly revenue was up 16.2% compared to the same quarter last year. During the same period in the previous year, the business posted $1.69 earnings per share. On average, equities analysts predict that Ulta Beauty will post 10.84 EPS for the current fiscal year.
In other news, Director Catherine Ann Halligan sold 129 shares of the company’s stock in a transaction dated Monday, September 17th. The shares were sold at an average price of $281.50, for a total value of $36,313.50. Following the transaction, the director now directly owns 3,628 shares in the company, valued at $1,021,282. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Dennis K. Eck sold 31,278 shares of the company’s stock in a transaction dated Wednesday, September 19th. The stock was sold at an average price of $285.88, for a total transaction of $8,941,754.64. Following the completion of the transaction, the director now owns 334,778 shares in the company, valued at $95,706,334.64. The disclosure for this sale can be found here. Insiders have sold 66,407 shares of company stock worth $19,028,318 in the last quarter. Company insiders own 5.60% of the company’s stock.
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About Ulta Beauty
Ulta Beauty, Inc operates as a beauty retailer in the United States. The company's stores offer cosmetics, fragrances, haircare and skincare products, bath and body products, and salon styling tools; salon services, including hair, skin, and brow services; and others, including nail products and accessories.
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