© Reuters. Ulta Beauty Earnings, Revenue Beat in Q1
Investing.com – Ulta Beauty (NASDAQ:) reported on Thursday first quarter that beat analysts’ forecasts and revenue that topped expectations.
Ulta Beauty announced earnings per share of $6.28 on revenue of $2.35B. Analysts polled by Investing.com anticipated EPS of $4.44 on revenue of $2.12B.
Ulta Beauty shares are down 38.45% from the beginning of the year, still down 13.83% from its 52 week high of $438.63 set on April 21. They are under-performing the Nasdaq which is down 24.96% from the start of the year.
Ulta Beauty shares gained 6.59% in after-hours trade following the report.
Ulta Beauty follows other major Consumer Discretionary sector earnings this month
Ulta Beauty’s report follows an earnings beat by Panasonic Corp PK on May 11, who reported EPS of $0.1997 on revenue of $15.34B, compared to forecasts EPS of $0.1559 on revenue of $15.34B.
Amazon.com had missed expectations on April 28 with first quarter EPS of $-7.56 on revenue of $116.44B, compared to forecast for EPS of $8.35 on revenue of $116.45B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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