Top Wall Street Forecasters Revamp Lululemon Expectations Ahead Of Q4 Earnings
Core Viewpoint - Lululemon athletica inc. is expected to report a decline in quarterly earnings and revenue for its fourth quarter compared to the previous year [1][2]. Earnings Expectations - The company is anticipated to report earnings of $4.78 per share, down from $6.14 per share in the same quarter last year [1]. - The consensus estimate for quarterly revenue is $3.59 billion, slightly lower than the $3.61 billion reported in the previous year [1]. Performance History - Lululemon has exceeded analyst revenue estimates in eight of the last ten quarters [2]. - The company's shares increased by 1.4%, closing at $159.91 on Monday [2].