Ulta: Fiscal Q2 Earnings Snapshot

BOLINGBROOK, Ill. (AP) — BOLINGBROOK, Ill. (AP) — Ulta Beauty Inc. (ULTA) on Thursday reported fiscal second-quarter net income of $252.6 million.

On a per-share basis, the Bolingbrook, Illinois-based company said it had net income of $5.30.

The results missed Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $5.45 per share.

The beauty products retailer posted revenue of $2.55 billion in the period, also falling short of Street forecasts. Eleven analysts surveyed by Zacks expected $2.61 billion.

Ulta expects full-year earnings to be $22.60 to $23.50 per share, with revenue in the range of $11 billion to $11.2 billion.

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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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