Back to top

Image: Bigstock

Bartosiak: Trading Ulta's (ULTA) Earnings with Options

Read MoreHide Full Article

On Thursday, December 1st, Ulta Salon (ULTA - Free Report) will release its third quarter earnings results after the bell. The company is a Zacks Rank 2 (Buy), and have a Value, Growth, and Momentum score of C.

Dave will look at Ulta Salon’s past earnings, take a look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.

Furthermore, Dave will uncover some potential options trades for investors looking to make a play on Ulta Salon ahead of earnings.

Ulta Salon in Focus

ULTA is the largest beauty retailer that provides one-stop shopping for prestige, mass and salon products and salon services in the United States. ULTA provides affordable indulgence to its customers by combining the product breadth, value and convenience of a beauty superstore with the distinctive environment and experience of a specialty retailer. ULTA offers a unique combination of over twenty one thousand prestige and mass beauty products across the categories of cosmetics, fragrance, haircare, skincare, bath and body products and salon styling tools, as well as salon haircare products. ULTA also offers a full-service salon in all of its stores.

Ulta Salon is expected to report earnings at $1.37 per share according to the Zacks Consensus Estimate. Last quarter they beat earnings expectations by 2.88% at $1.43 per share, beating estimates by $0.04 a share. They have an average earnings surprise of 7.68%.

ULTA SALON COSM Price, Consensus and EPS Surprise

ULTA SALON COSM Price, Consensus and EPS Surprise | ULTA SALON COSM Quote

Bottom Line

How should investors play Ulta Salon ahead of their earnings report? For insights on the best options trades, then tune in at 12:30pm CST this afternoon to see David’s thoughts.

The Best & Worst of Zacks

Today you are invited to download the full, up-to-the-minute list of 220 Zacks Rank #1 "Strong Buys" free of charge. From 1988 through 2015 this list has averaged a stellar gain of +26% per year. Plus, you may download 220 Zacks Rank #5 "Strong Sells." Even though this list holds many stocks that seem to be solid, it has historically performed 11X worse than the market. See these critical buys and sells free >>


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Ulta Beauty Inc. (ULTA) - free report >>