Ulta Beauty Inc (NASDAQ:ULTA) is set to announce its quarterly earnings on December 5, 2024, with expectations for an EPS of $4.53 and revenue approximating $2.5 billion.

The Zacks Consensus Estimate anticipates a slight revenue decline to $2.48 billion, reflecting a 0.3% decrease year-over-year. A projected EPS of $4.45 indicates a notable drop of 12.2% compared to the previous year, driven mainly by fluctuating consumer behaviors and rising competition.

Historical Performance Insights
Despite the expected challenges, Ulta has delivered an impressive earnings surprise of nearly 3% over the past four quarters, showcasing resilience. This consistent performance above analysts’ expectations encourages positive investor sentiments.

Recent stock movements reveal a 4.2% rise and price stabilization around $375.70, indicating market interest. However, Ulta needs to navigate competitive pressures effectively to maintain its market position post-announcement. The upcoming earnings report could hold significant implications for its stock trajectory amid industry competition.