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Ulta Beauty Earnings, Revenue Beat in Q2

2022.08.25 23:30

Ulta Beauty Earnings, Revenue Beat in Q2
Ulta Beauty Earnings, Revenue Beat in Q2

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

Ulta Beauty announced earnings per share of $5.7 on revenue of $2.3B. Analysts polled by Investing.com anticipated EPS of $4.9 on revenue of $2.19B.

Ulta Beauty shares are up 1.68% from the beginning of the year, still down 4.42% from its 52 week high of $438.63 set on April 21. They are outperforming the Nasdaq which is down 19.21% from the start of the year.

Ulta Beauty shares gained 2.61% in after-hours trade following the report.

Ulta Beauty follows other major Consumer Discretionary sector earnings this month

Ulta Beauty’s report follows an earnings missed by Amazon.com on July 28, who reported EPS of $-0.2 on revenue of $121.23B, compared to forecasts EPS of $0.1199 on revenue of $119B.

Home Depot had beat expectations on August 16 with second quarter EPS of $5.05 on revenue of $43.79B, compared to forecast for EPS of $4.95 on revenue of $43.36B.

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

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