Ulta Q4 Profit Tops View; Issues Q1 Outlook - Quick Facts

(RTTNews) - Ulta Salon, Cosmetics & Fragrance, Inc. (ULTA) Thursday reported fourth-quarter net income of $70.7 million or $1.09 per share, compared to $64.5 million or $1.00 per share in the comparable quarter last year.

On average, 15 analysts polled by Thomson Reuters expected the company to earn $1.07 per share for the quarter. Analysts' estimates typically exclude special items.

Sales increased 14.4 percent to $868.08 million from $758.84 million last year, while thirteen analysts expected revenues of $855.64 million.

Looking ahead to the first quarter, the company has forecast earnings in the range of $0.70 to $0.75 per share, with revenues ranging between $693 million and $704 million. Analysts currently expect the company to earn $0.80 per share on first-quarter revenues of $696.23 million.