Yahoo Finance is tracking Ulta Beauty, Vail Resorts and Southwest Airlines. All three stocks are on the move in midday trading Friday.
Ulta Beauty (ULTA) – The cosmetic retailer beat Wall Street earnings expectations on the top and bottom lines, reporting earnings per share of $2.24 on revenue of $1.58 billion. Analysts were forecasting EPS of $2.13 and revenue of $1.54 billion. However, Ulta Beauty’s outlook for its first quarter was short of analysts’ estimates. The company said it expects revenue in the range of $1.24 billion to $1.27 billion and comparable sales growth of 9% to 11%.
Vail Resorts (MTN) – The company reported better than expected fiscal second-quarter earnings results, driven by a 24.5% surge in total lift revenue. Vail Resorts reported revenue of $725.2 million on adjusted earnings per share of $3.63. The company also raised its quarterly dividend by 30%, to $1.053 per share, payable April 13 to shareholders on record as of March 29.
Southwest Airlines (LUV) – The company cut its forecast for first-quarter operating unit revenue. It now expects revenue to drop in the 2% to 3% range, compared to its earlier forecast of flat to down 1%. Southwest cited weak demand for last-minute flight bookings in the second half of February as a reason for its revision.
For more on today’s big stock movers, check out the Final Round, live at 4 p.m. EST, right here on Yahoo Finance.