Investing.com – Ulta Beauty (NASDAQ:ULTA) reported on Thursday third quarter earnings that beat analysts’ forecasts and revenue that topped expectations.
Ulta Beauty announced earnings per share of $3.94 on revenue of $2B. Analysts polled by Investing.com anticipated EPS of $2.44 on revenue of $1.88B.
Ulta Beauty shares are up 33.52% from the beginning of the year, still down 8.24% from its 52 week high of $417.85 set on November 16. They are outperforming the S&P 500 which is up 21.95% from the start of the year.
Ulta Beauty shares gained 6.41% in after-hours trade following the report.
Ulta Beauty’s report follows an earnings beat by Home Depot on November 16, who reported EPS of $3.92 on revenue of $36.82B, compared to forecasts EPS of $3.42 on revenue of $34.95B.
Alibaba ADR had missed expectations on November 18 with second quarter EPS of $11.2 on revenue of $200.69B, compared to forecast for EPS of $11.86 on revenue of $204.14B.
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