Analysts are estimating that Lululemon Athletica will report an earnings per share (EPS) of $5.65.
The market awaits Lululemon Athletica's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
Earnings Track Record
The company's EPS beat by $0.15 in the last quarter, leading to a 15.89% increase in the share price on the following day.
Here's a look at Lululemon Athletica's past performance and the resulting price change:
Quarter
Q3 2024
Q2 2024
Q1 2024
Q4 2023
EPS Estimate
2.72
2.93
2.39
5
EPS Actual
2.87
3.15
2.54
5.29
Price Change %
16.0%
0.0%
5.0%
-16.0%
Performance of Lululemon Athletica Shares
Shares of Lululemon Athletica were trading at $337.35 as of March 25. Over the last 52-week period, shares are down 13.68%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.
Analyst Insights on Lululemon Athletica
For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Lululemon Athletica.
Analysts have given Lululemon Athletica a total of 17 ratings, with the consensus rating being Outperform. The ...