Ulta Beauty Earnings Beat, Revenue Misses In Q3

Ulta Beauty Earnings Beat, Revenue Misses In Q3

© Reuters.  Ulta Beauty Earnings Beat, Revenue Misses In Q3 © Reuters. Ulta Beauty Earnings Beat, Revenue Misses In Q3

Investing.com – Ulta Beauty (NASDAQ:ULTA) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.

Ulta Beauty announced earnings per share of $1.64 on revenue of $1.55B. Analysts polled by Investing.com anticipated EPS of $1.44 on revenue of $1.56B.

Ulta Beauty shares are up 14.38% from the beginning of the year, still down 4.96% from its 52 week high of $304.65 set on February 12. They are under-performing the Nasdaq 100 which is up 42.76% from the start of the year.

Ulta Beauty shares lost 1.56% in after-hours trade following the report.

Ulta Beauty follows other major Services sector earnings this month

Ulta Beauty's report follows an earnings beat by Alibaba ADR on November 5, who reported EPS of $18 on revenue of $155.06B, compared to forecasts EPS of $13.82 on revenue of $154.87B.

Walmart had beat expectations on November 17 with third quarter EPS of $1.34 on revenue of $134.7B, compared to forecast for EPS of $1.18 on revenue of $132.12B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

Original Article

Leave a comment

Send a Comment

Your email address will not be published. Required fields are marked *