Investing.com - Ulta Beauty reported first quarter earnings that beat analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of $3.08 on revenue of $1.74B. Analysts polled by Investing.com expected EPS of $3.06 on revenue of $1.75B. That compared to EPS of $2.7 on revenue of $1.54B in the same period a year earlier. The company had reported EPS of $3.61 on revenue of $2.12B in the previous quarter.
Ulta Beauty follows other major Services sector earnings this month
On May 15, Alibaba ADR reported fourth quarter EPS of $8.57 on revenue of $93.5B, compared to forecasts of EPS of $6.56 on revenue of $91.54B.
Walmart earnings beat analysts' expectations on May 16, with first quarter EPS of $1.13 on revenue of $123.9B. Investing.com analysts expected EPS of $1.02 on revenue of $125.28B
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