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Neharika Jain

What You Need to Know Ahead of Ulta Beauty's Earnings Release

Ulta Ulta Beauty

Valued at a market cap of $19.2 billion, Ulta Beauty, Inc. (ULTA) is a specialty beauty retailer that offers branded and private label beauty products, including cosmetics, fragrance, haircare, skincare, bath and body products, professional hair products, and salon styling tools. The Bolingbrook, Illinois-based company is expected to announce its fiscal Q4 earnings results on Thursday, Mar. 13. 

Ahead of this event, analysts project the beauty salon company to report a profit of $7.09 per share, down nearly 12.3% from $8.08 per share in the year-ago quarter. The company has exceeded Wall Street's earnings estimates in three of the last four quarters while missing on another occasion. In Q3, Ulta Beauty’s EPS of $5.14 outpaced the forecasted figure by a notable margin of 15%. 

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