Ulta saw its sales rise 24.6% to $1.58 billion in fiscal 4Q16, surpassing the consensus analysts’ sales estimate of $1.54 billion for fiscal 4Q16.
Ulta Beauty delivered adjusted EPS (earnings per share) of $2.24 ahead of the consensus Wall Street analysts’ estimate of $2.13.
Ulta Beauty (ULTA) stock rose 4.6% to $286.42 on March 10, 2017, in reaction to the company’s impressive results for fiscal 4Q16.
On March 9, after FMSA released its 4Q16 results, ~86% of analysts tracking the stock rated it a “buy” or some equivalent, while ~14% rated it a “hold.”
Fairmount Santrol’s (FMSA) stock price reacted negatively to its 4Q16 results on March 9, falling ~16% from the previous day’s close to $7.30.
In fiscal 2016, Fairmount Santrol’s (FMSA) revenues fell 35% from its fiscal 2015 revenues to $535 million.
Fairmount Santrol reported total revenues of $140.5 million for 4Q16, which was 4% higher than its ~$135 million in 4Q15.
Ferrellgas Partners’ (FGP) performance has been under severe pressure in the last few quarters.
Ferrellgas Partners’ adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) fell to $105 million compared to $138.3 million in the corresponding quarter last year.
IBM’s Strategic Imperatives segment saw its revenue rise 12% and 14% to $9.5 billion and $32.8 billion in fiscal 4Q16 and 2016, respectively.
In fiscal 4Q16, the Cognitive Solutions and Services segment’s revenues grew 2% YoY to $5.3 billion, on a constant currency basis.
In 4Q16, IBM’s (IBM) Technology Services and Cloud Platforms segment rose 2% to $9.3 billion.
Systems revenue fell 12% to $2.53 billion in 4Q16 YoY basis. Under this segment, both systems hardware and OS software fell 12%.
CASY’s sales comps increased 3%, less than half the rate of the company’s annual goal of 6.2% growth.
Compared to the previous year, CASY’s gross margin deteriorated 30 basis points to 61.7% in fiscal 3Q17, primarily due to higher supply and cheese costs.
Although CASY’s top line showed improvement during fiscal 3Q17, its bottom line remained under pressure.
CASY’s average fuel margin stood at 17.9 cents per gallon compared to its annual goal of 18.4 cents per gallon.
Iowa-based Casey’s General Stores (CASY) reported its fiscal 3Q17 results on March 6, 2017. CASY posted adjusted earnings per share of $0.58, missing the consensus by a wide margin of $0.32.
Analyst revisions On February 28, 2017, Seadrill (SDRL) released its fourth-quarter earnings results. The next day, analysts revised its target price. Danske Bank reduced its target price to 10 Norwegian kroner.…
Debt profile Seadrill (SDRL) has total interest-bearing debt of $9.8 billion. Of this, $3 billion is short-term debt. The remaining $6.6 billion is long-term debt. The company has a cash balance of…