Ulta Beauty (NASDAQ:ULTA) will release its quarterly earnings report on Thursday, 2024-12-05. Here’s a brief overview for investors ahead of the announcement.
Analysts anticipate Ulta Beauty to report an earnings per share (EPS) of $5.47.
Investors in Ulta Beauty are eagerly awaiting the company’s announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It’s worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
Overview of Past Earnings
In the previous earnings release, the company missed EPS by $0.17, leading to a 4.01% drop in the share price the following trading session.
Here’s a look at Ulta Beauty’s past performance and the resulting price change:
Quarter
Q2 2024
Q1 2024
Q4 2023
Q3 2023
EPS Estimate
5.47
6.24
7.53
4.95
EPS Actual
5.30
6.47
8.08
5.07
Price Change %
-4.0%
2.0%
-5.0%
11.0%
Stock Performance
Shares of Ulta Beauty were trading at $395.3 as of December 03. Over the last 52-week period, shares are down 19.3%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.
Analyst Opinions on Ulta Beauty
For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Ulta Beauty.
With 15 analyst ratings, Ulta Beauty has a consensus rating of Neutral. The average one-year price target is $407.6, indicating a potential 3.11% upside.