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On Thursday, Dec. 6, lululemon athletica inc. (NASDAQ:LULU) will release its latest earnings report. Decipher the announcement with Benzinga's help.
Earnings and Revenue
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Analysts expect lululemon earnings of 70 cents per share. Revenue will likely be around $737.45 million, according to the consensus estimate.
Lululemon reported a per-share profit of 56 cents when it published results during the same quarter last year. Sales in that period totaled $619 million. The analyst consensus estimate would represent a 25 percent increase in the company's earnings. Revenue would be up 19.13 percent from the same quarter last year. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q2 2018 | Q1 2018 | Q4 2017 | Q3 2017 |
| EPS Estimate | 0.49 | 0.46 | 1.27 | 0.52 |
| EPS Actual | 0.71 | 0.55 | 1.33 | 0.56 |
Stock Performance
Over the last 52-week period, shares are up 98.78 percent. Given that these returns are generally positive, long-term shareholders are probably happy going into this earnings release. Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. Analysts generally rate lululemon stock as Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
Lululemon's Q3 is scheduled to hold a conference call at 4:30 p.m. ET and it can be accessed here: http://investor.lululemon.com/events-and-presentations?b80c0a11_year%5Bvalue%5D=2018
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.