Ultimate Reports Q3 2018 Financial Results
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Ultimate Software (ULTI) PT Raised to $340 at RBC Capital
October 31, 2018 7:57 AM EDTRBC Capital analyst Ross MacMillan raised the price target on Ultimate Software (NASDAQ: ULTI) to $340.00 (from $330.00) while maintaining a Outperform rating.
The analyst commented, "Recurring revenue estimates move higher and the $2B revenue target was shifted from CY22 to CY21. Despite OM's... More
Ultimate Software Group (ULTI) Tops Q3 EPS by 1c, Revenues Slightly Beat; Offers Q4 Revenue Outlook Below Consensus
October 30, 2018 4:02 PM EDTUltimate Software Group (NASDAQ: ULTI) reported Q3 EPS of $1.33, $0.01 better than the analyst estimate of $1.32. Revenue for the quarter came in at $287.8 million versus the consensus estimate of $287.24 million.
Our third-quarter financial performance keeps us on target to achieve all of our 2018 objectives, including... More
