Earnings Preview For Lululemon Athletica
Portfolio Pulse from Benzinga Insights
Lululemon Athletica (NASDAQ:LULU) is expected to release its quarterly earnings report on Thursday, 2023-12-07, with an estimated EPS of $2.28. Investors are looking for an earnings beat and positive guidance for future growth. Historically, LULU's stock price has been sensitive to earnings performance and guidance. Last quarter, LULU beat the EPS estimate by $0.14, resulting in a 6.01% stock price increase the following day. Over the past year, LULU shares have risen 22.74%, indicating a positive trend for long-term shareholders.
December 06, 2023 | 2:01 pm
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Lululemon Athletica is anticipated to report quarterly earnings with an EPS estimate of $2.28. Positive earnings history suggests potential for a stock price increase if the company beats estimates and provides favorable guidance.
Given Lululemon's history of stock price increases following earnings beats and the general upward trend of the stock over the past year, there is a likelihood of a positive short-term impact on the stock price if the company reports favorable earnings and guidance. However, the market's reaction can be unpredictable, and external factors could influence the stock's movement.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100