Ulta Beats Analyst Estimates on EPS
Ulta (NAS: ULTA) reported earnings on March 14. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Feb. 2 (Q4), Ulta met expectations on revenues and beat slightly on earnings per share.
Compared to the prior-year quarter, revenue increased significantly. GAAP earnings per share increased significantly.
Margins increased across the board.
Ulta chalked up revenue of $758.8 million. The 12 analysts polled by S&P Capital IQ expected revenue of $752.7 million on the same basis. GAAP reported sales were 30% higher than the prior-year quarter's $582.5 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $1.00. The 11 earnings estimates compiled by S&P Capital IQ predicted $0.98 per share. GAAP EPS of $1.00 for Q4 were 37% higher than the prior-year quarter's $0.73 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 34.2%, 10 basis points better than the prior-year quarter. Operating margin was 13.7%, 110 basis points better than the prior-year quarter. Net margin was 8.5%, 60 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $574.7 million. On the bottom line, the average EPS estimate is $0.66.
Next year's average estimate for revenue is $2.67 billion. The average EPS estimate is $3.41.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 320 members out of 367 rating the stock outperform, and 47 members rating it underperform. Among 109 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 97 give Ulta a green thumbs-up, and 12 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Ulta is outperform, with an average price target of $113.63.
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The article Ulta Beats Analyst Estimates on EPS originally appeared on Fool.com.Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool recommends Ulta Salon, Cosmetics & Fragrance. The Motley Fool owns shares of Ulta Salon, Cosmetics & Fragrance. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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