Lululemon Athletica Inc (LULU, Financial) is set to release its Q2 2024 earnings on Aug 29, 2024. The consensus estimate for Q2 2024 revenue is $2.41 billion, and the earnings are expected to come in at $2.95 per share. The full year 2024's revenue is expected to be $10.64 billion and the earnings are expected to be $14.18 per share. More detailed estimate data can be found on the Estimates page.
Lululemon Athletica Inc (LULU, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Lululemon Athletica Inc (LULU) have declined from $10.76 billion to $10.64 billion for the full year 2024, and from $11.82 billion to $11.57 billion for 2025. During the same period, earnings estimates have increased from $13.30 per share to $14.18 per share for the full year 2024, and from $14.93 per share to $15.53 per share for 2025.
Lululemon Athletica Inc (LULU, Financial) Reported History
In the previous quarter of April 30, 2024, Lululemon Athletica Inc's (LULU) actual revenue was $2.21 billion, which beat analysts' revenue expectations of $2.19 billion by 0.68%. Lululemon Athletica Inc's (LULU) actual earnings were $2.54 per share, which beat analysts' earnings expectations of $2.27 per share by 11.8%. After releasing the results, Lululemon Athletica Inc (LULU) was flat in one day.
Lululemon Athletica Inc (LULU, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 32 analysts, the average target price for Lululemon Athletica Inc (LULU) is $337.93 with a high estimate of $525 and a low estimate of $194. The average target implies an upside of 24.61% from the current price of $271.18.
Based on GuruFocus estimates, the estimated GF Value for Lululemon Athletica Inc (LULU, Financial) in one year is $537.95, suggesting an upside of 98.37% from the current price of $271.18.
Based on the consensus recommendation from 36 brokerage firms, Lululemon Athletica Inc's (LULU, Financial) average brokerage recommendation is currently 2.2, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
