Lululemon's Earnings Expected to Rise 4.8%

Lululemon Athletica is expected to post earnings of $2.39 per share for the current quarter, indicating a change of +4.8% from the same quarter last year. For the current fiscal year, the consensus earnings estimate stands at $14.15, indicating a year-over-year change of +10.8%.

For the next fiscal year, the earnings estimate is $15.80, indicating a change of +11.6% from what Lululemon is expected to report this year. However, this estimate has seen a slight decrease of -1.5% over the past month.

In the last reported quarter, Lululemon reported revenues of $3.21 billion, representing a year-over-year change of +15.6%. The earnings per share (EPS) for the same period was $5.29, compared to $4.40 a year ago.

Lululemon has consistently beaten earnings estimates in each of the trailing four quarters. The company has also topped revenue estimates each time over this period.

In its upcoming release, market participants will be closely following Lululemon's financial results. The company is forecasted to report a revenue of $2.2 billion, showing a 9.93% increase compared to the same quarter last year. For the full year, earnings are projected at $14.15 per share and revenue of $10.76 billion, which would represent changes of +10.81% and +11.88%, respectively, from the prior year.