Ulta Beauty Earnings, Revenue Miss in Q1

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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’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