Ulta Beauty Earnings, Revenue beat in Q1 By Investing.com

Ulta Beauty (NASDAQ:ULTA) reported on Thursday first quarter earnings that beat analysts’ forecasts and revenue that topped expectations.

Ulta Beauty announced earnings per share of $4.07 on revenue of $1.94B. Analysts polled by Investing.com anticipated EPS of $1.93 on revenue of $1.64B.

Ulta Beauty shares are up 14.42% from the beginning of the year and are trading at $343.71 , down-from-52-week-high.They are outperforming the S&P 500 which is up 11.84% from the start of the year.

Ulta Beauty shares gained 4.60% 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 April 29, who reported EPS of $15.79 on revenue of $108.52B, compared to forecasts EPS of $9.54 on revenue of $104.51B.

Alibaba ADR had missed expectations on May 13 with fourth quarter EPS of $10.32 on revenue of $187.4B, compared to forecast for EPS of $11.16 on revenue of $187.37B.

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