After exceeding analysts’ sales expectations for the past several quarters, Ulta Beauty’s (ULTA) sales for fiscal 3Q17 were almost in line with the consensus analyst estimate.
Ulta Beauty (ULTA) continued to exceed earnings expectations in fiscal 3Q17. The company delivered adjusted EPS (earnings per share) of $1.75 in 3Q17, exceeding the consensus analyst estimate of $1.67.
As of December 4, Ulta Beauty (ULTA) was trading at a 12-month forward PE (price-to-earnings) ratio of 23.6x.
Ulta Beauty (ULTA) stock fell 4.1% on December 1 in reaction to the company’s fiscal 3Q17 results, which were announced after the close of financial markets on November 30.
Ahead of the release of its 3Q17 earnings results, Square (SQ) launched a new checkout device called Square Register, which it described as its first all-in-one hardware offering.
As of December 4, Square stock yielded a return of -3.5% on volumes of 29.6 million to close at ~$36.87.
Square (SQ) recorded a 33% YoY (year-over-year) increase in revenue in 3Q17.
PayPal (PYPL), a rival of Square (SQ) in payments processing and cash transfer, recently announced that it was selling a large portfolio of its consumer loans to Synchrony Financial (SYF).
Since Dorsey made the statement about synergies between Square and Twitter, there has been speculation that he could try to merge the companies to realize the synergies.
Square’s involvement with bitcoin goes back to 2014 when the company allowed vendors on its Square Market e-commerce site to accept bitcoin for payment from customers.
Square’s (SQ) venture into bitcoin trading through its Square Cash app has Wall Street talking, and now it appears Wall Street is divided about whether the company made the right move.
US-based (SPY) payments processor Square (SQ) is offering bitcoin trading support on its platform on a trial basis.
Costco stock was trading at a forward PE multiple of 29.2x as of December 5, 2017, which is significantly higher than the peer group average of 16.2x.
Costco’s operating margin is expected to remain soft or improve slightly due to higher sales and lower SG&A expenses.
Costco continues to stun investors with its industry-leading sales growth. Analysts expect its fiscal 1Q18 total sales to rise 11.7% YoY to $31.4 billion.
Wall Street expects Costco’s fiscal 1Q18 earnings to be $1.33 per share—up 13.7% on a YoY (year-over-year) basis.
Costco (COST) will announce its fiscal 1Q18 results on December 14 after the market closes. Analysts expect it to report strong top and bottom-line growth.
After its 3Q17 results, there was only one “sell” recommendation for FireEye. Seventeen analysts gave a “hold” rating while 11 analysts gave a “buy” rating on FireEye stock.
The Helix security platform acquired 57 new customers in 3Q17 for a total of 71.
In 3Q17, FireEye’s non-GAAP operating margin of -2.0% was significantly better than -14.0% in 3Q16.