Investing.com - Ulta Beauty (NASDAQ:ULTA) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Ulta Beauty announced earnings per share of $0.73 on revenue of $1.23B. Analysts polled by Investing.com anticipated EPS of $0.1 on revenue of $1.26B.
Ulta Beauty shares are down 11.51% from the beginning of the year and are trading at $236.81 , down-from-52-week-high.They are under-performing the Nasdaq 100 which is up 36.56% from the start of the year.
Ulta Beauty shares gained 5.71% in after-hours trade the report.
Ulta Beauty follows other major Services sector earnings this month
Ulta Beauty's report follows an earnings beat by Amazon.com on Thursday, July 30, 2020, who reported EPS of $10.3 on revenue of $88.91B, compared to forecasts EPS of $1.48 on revenue of $81.45B.
Alibaba ADR had beat expectations on Thursday, August 20, 2020 with first quarter EPS of $14.82 on revenue of $153.75B, compared to forecast for EPS of $13.82 on revenue of $148B.
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