lululemon Sees Q3 EPS $2.23-$2.28 vs $2.23 Est., Revenue $2.165B-$2.19B vs $2.15B Est.
Portfolio Pulse from Bill Haddad
Lululemon has projected its Q3 earnings per share (EPS) to be between $2.23 and $2.28, which is in line with the estimated $2.23. The company also expects its revenue to be between $2.165 billion and $2.19 billion, slightly higher than the estimated $2.15 billion.
August 31, 2023 | 8:12 pm
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POSITIVE IMPACT
Lululemon's Q3 EPS and revenue forecasts are in line with and slightly above estimates respectively, which could be seen positively by investors.
Lululemon's Q3 EPS forecast is in line with estimates, indicating that the company's performance is as expected. Additionally, the company's revenue forecast is slightly higher than estimates, which could be seen as a positive sign by investors, potentially leading to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100