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Kritika Sarmah

What to Expect From Ulta Beauty's Next Quarterly Earnings Report

Ulta Beauty Ulta

Illinois-based Ulta Beauty, Inc. (ULTA) is a leading beauty retail company valued at $17.9 billion by market cap. It offers over 25,000 products from over 500 brands across cosmetics, fragrance, skincare, hair care, and more. The company is set to announce its Q3 earnings for fiscal 2024 on Thursday, Dec. 5.

Ahead of the event, analysts expect Ulta Beauty to report a profit of $4.45 per share, down 12.2% from $5.07 per share in the year-ago quarter. The company has exceeded Wall Street’s EPS estimates in three of the last four quarters while missing on another occasion.

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