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Ulta: Fiscal 3Q Earnings Snapshot

December 6, 2018

BOLINGBROOK, Ill. (AP) _ Ulta Beauty Inc. (ULTA) on Thursday reported fiscal third-quarter earnings of $131.2 million.

The Bolingbrook, Illinois-based company said it had profit of $2.18 per share.

The results beat Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $2.16 per share.

The beauty products retailer posted revenue of $1.56 billion in the period, which met Street forecasts.

For the current quarter ending in January, Ulta said it expects revenue in the range of $2.09 billion to $2.1 billion. Analysts surveyed by Zacks had expected revenue of $2.11 billion.

Ulta shares have risen 31 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $292.91, a climb of 31 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ULTA at https://www.zacks.com/ap/ULTA

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