Ulta Beauty, Inc. ULTA shares are trading higher Friday after the company reported better-than-expected third-quarter financial results and revised its fiscal year guidance. What To Know: Ulta Beauty reported quarterly earnings of $5.07 per share, beating the analyst consensus estimate of $4.95 and quarterly sales of $2.49 billion, beating the consensus estimate of $2.47 billion. Ulta also narrowed its fiscal year net sales outlook from between $11.05 billion and $11.15 billion to between $11.10 billion and $11.15 billion. Several analysts updated their coverage on Ulta following the earnings report: Related News: Meme Stocks Rally: To The Moon Or Failure To Launch? ULTA Price Action: According to Benzinga Pro, Ulta Beauty shares are up by 11.8% at $476.18 at the time of publication. Image: pmvchamara from Pixabay