Investing.com - Ulta Beauty (NASDAQ:ULTA) reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Ulta Beauty announced earnings per share of $-1.39 on revenue of $1.17B. Analysts polled by Investing.com anticipated EPS of $0.74 on revenue of $1.28B. That with comparison to EPS of $3.26 on revenue of $1.74B in the same period a year before. Ulta Beauty had reported EPS of $3.89 on revenue of $2.31B in the previous quarter. Analysts are expecting EPS of $1.15 and revenue of $1.34B in the upcoming quarter.
Ulta Beauty shares are down 3.86% from the beginning of the year , still down 34.02% from its 52 week high of $368.83 set on July 17, 2019. They are under-performing the Nasdaq 100 which is up 6.98% year to date.
Ulta Beauty shares lost 2.10% in after-hours trade following the report.
Ulta Beauty follows other major Services sector earnings this month
Ulta Beauty's report follows an earnings missed by Amazon.com on April 30, who reported EPS of $5.01 on revenue of $75.45B, compared to forecasts EPS of $6.16 on revenue of $73.74B.
Alibaba ADR had beat expectations on May 22 with fourth quarter EPS of $9.2 on revenue of $114.31B, compared to forecast for EPS of $6.23 on revenue of $107.71B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar