Lululemon Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Portfolio Pulse from Avi Kapoor
Lululemon Athletica Inc. (NASDAQ:LULU) is set to release its first-quarter financial results, with analysts expecting earnings of $2.39 per share and revenue of $2.20 billion. The company recently announced an updated operational structure following the resignation of its chief product officer. Several analysts have revised their price targets for Lululemon, maintaining various ratings.
June 05, 2024 | 3:06 pm
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Lululemon is set to release its Q1 earnings with expected EPS of $2.39 and revenue of $2.20 billion. The company announced an updated operational structure following the resignation of its chief product officer. Analysts have revised their price targets, maintaining various ratings.
The upcoming earnings report and recent operational changes are significant events for Lululemon. However, the mixed analyst ratings and revised price targets suggest a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100