Ulta Beauty (NASDAQ:ULTA) issued an update on its fourth quarter earnings guidance on Thursday morning. The company provided earnings per share guidance of $3.50-3.55 for the period, compared to the Thomson Reuters consensus earnings per share 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.
NASDAQ ULTA opened at $254.47 on Friday. Ulta Beauty has a 1 year low of $191.70 and a 1 year high of $322.49. The company has a market capitalization of $17.51 billion, a price-to-earnings ratio of 31.19, a PEG ratio of 1.47 and a beta of 0.63.
Ulta Beauty (NASDAQ:ULTA) last issued its quarterly earnings results on Thursday, December 6th. The specialty retailer reported $2.18 EPS for the quarter, topping the Zacks’ consensus estimate of $2.16 by $0.02. The firm had revenue of $1.56 billion for 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 business’s revenue for the quarter was up 16.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.69 EPS. As a group, equities analysts anticipate that Ulta Beauty will post 10.84 earnings per share for the current fiscal year.
In other Ulta Beauty news, Director Catherine Ann Halligan sold 129 shares of the stock in a transaction on Monday, September 17th. The shares were sold at an average price of $281.50, for a total transaction of $36,313.50. Following the completion of the sale, the director now owns 3,628 shares of the company’s stock, valued at approximately $1,021,282. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Dennis K. Eck sold 31,278 shares of the firm’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 sale, the director now directly owns 334,778 shares of the company’s stock, valued at $95,706,334.64. The disclosure for this sale can be found here. Insiders have sold a total of 66,407 shares of company stock valued at $19,028,318 in the last three months. 5.60% of the stock is currently owned by corporate insiders.
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.
Featured Article: What does EPS mean?
Receive News & Ratings for Ulta Beauty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ulta Beauty and related companies with MarketBeat.com's FREE daily email newsletter.