- Oops!Something went wrong.Please try again later.
Ulta Beauty, Inc. ULTA just released its fourth-quarter and full fiscal 2017 financial results, posting adjusted earnings of $2.75 per share and revenues of $1.94 billion.
Currently, Ulta is a Zacks Rank #3 (Hold) and is down 2.25% to $201.51 per share in after-hours trading shortly after its earnings report was released.
Missed earnings estimates. The company posted adjusted earnings of $2.75 per share, missing the Zacks Consensus Estimate of $2.77 per share.
Matched revenue estimates. The company saw revenue figures of $1.94 billion, which matched our consensus estimate.
Ulta’s revenues jumped 15.7% from $1.58 billion in the year-ago period. For the full year the company posted sales of $5.88 billion.
Looking ahead to its upcoming first quarter, Ulta expects to post revenues between $1.51 billion and $1.52 billion—our current consensus estimate calls for $1.52 billion.
“The Ulta Beauty team delivered excellent results in 2017, achieving 11 percent comparable sales growth and 25 percent adjusted earnings growth,” CEO Mary Dillon said in a statement.
“Looking ahead to 2018, we are deploying a portion of the tax reform benefits to invest in our people and accelerate investments to drive growth and innovation.”
Here’s a graph that looks at ULTA’s Price, Consensus and EPS Surprise history:
Ulta Beauty Inc. Price, Consensus and EPS Surprise
Ulta Beauty Inc. Price, Consensus and EPS Surprise | Ulta Beauty Inc. Quote
Ulta Beauty, Inc. is a beauty retailer primarily in the United States and the premier beauty destination for cosmetics, fragrance, skin, hair care products and salon services. Ulta Beauty, Inc., formerly known as Ulta Salon, Cosmetics & Fragrance Inc., is based in Bolingbrook, Illinois.
Check back later for our full analysis on ULTA’s earnings report!
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Ulta Beauty Inc. (ULTA) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research