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Wall Street's Insights Into Key Metrics Ahead of Lululemon (LULU) Q2 Earnings
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In its upcoming report, Lululemon (LULU - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $1.79 per share, reflecting a decline of 42.3% compared to the same period last year. Revenues are forecasted to be $2.47 billion, representing a year-over-year decrease of 2.3%.
The consensus EPS estimate for the quarter has undergone a downward revision of 0.1% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
Bearing this in mind, let's now explore the average estimates of specific Lululemon metrics that are commonly monitored and projected by Wall Street analysts.
The combined assessment of analysts suggests that 'Net Revenue by Channel- Company-operated stores' will likely reach $1.18 billion. The estimate points to a change of -5.6% from the year-ago quarter.
According to the collective judgment of analysts, 'Net Revenue by Channel- Other channels' should come in at $292.79 million. The estimate points to a change of +5.6% from the year-ago quarter.
The average prediction of analysts places 'Net Revenue by Channel- E-commerce' at $986.67 million. The estimate points to a change of -0.7% from the year-ago quarter.
It is projected by analysts that the 'Geographic Revenues- China Mainland' will reach $465.91 million. The estimate indicates a change of +18.6% from the prior-year quarter.
The consensus among analysts is that 'Geographic Revenues- Rest of World' will reach $417.53 million. The estimate suggests a change of +11.6% year over year.
Analysts forecast 'Geographic Revenues- Americas' to reach $1.58 billion. The estimate indicates a change of -10.3% from the prior-year quarter.
Based on the collective assessment of analysts, 'Geographic Revenues- United States' should arrive at $1.27 billion. The estimate suggests a change of -10.5% year over year.
Analysts predict that the 'Total stores' will reach 829 . The estimate compares to the year-ago value of 784 .
Analysts' assessment points toward 'Total Gross Square Footage' reaching 3870 thousands of square feet. Compared to the present estimate, the company reported 3511 thousands of square feet in the same quarter last year.
Analysts expect 'Total stores - Americas' to come in at 481 . The estimate compares to the year-ago value of 467 .
The collective assessment of analysts points to an estimated 'Total stores - China Mainland' of 180 . The estimate is in contrast to the year-ago figure of 159 .
The consensus estimate for 'Total Net New Stores' stands at 13 . The estimate compares to the year-ago value of 14 .
Shares of Lululemon have demonstrated returns of +1.6% over the past month compared to the Zacks S&P 500 composite's +3.9% change. With a Zacks Rank #3 (Hold), LULU is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Wall Street's Insights Into Key Metrics Ahead of Lululemon (LULU) Q2 Earnings
In its upcoming report, Lululemon (LULU - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $1.79 per share, reflecting a decline of 42.3% compared to the same period last year. Revenues are forecasted to be $2.47 billion, representing a year-over-year decrease of 2.3%.
The consensus EPS estimate for the quarter has undergone a downward revision of 0.1% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
Bearing this in mind, let's now explore the average estimates of specific Lululemon metrics that are commonly monitored and projected by Wall Street analysts.
The combined assessment of analysts suggests that 'Net Revenue by Channel- Company-operated stores' will likely reach $1.18 billion. The estimate points to a change of -5.6% from the year-ago quarter.
According to the collective judgment of analysts, 'Net Revenue by Channel- Other channels' should come in at $292.79 million. The estimate points to a change of +5.6% from the year-ago quarter.
The average prediction of analysts places 'Net Revenue by Channel- E-commerce' at $986.67 million. The estimate points to a change of -0.7% from the year-ago quarter.
It is projected by analysts that the 'Geographic Revenues- China Mainland' will reach $465.91 million. The estimate indicates a change of +18.6% from the prior-year quarter.
The consensus among analysts is that 'Geographic Revenues- Rest of World' will reach $417.53 million. The estimate suggests a change of +11.6% year over year.
Analysts forecast 'Geographic Revenues- Americas' to reach $1.58 billion. The estimate indicates a change of -10.3% from the prior-year quarter.
Based on the collective assessment of analysts, 'Geographic Revenues- United States' should arrive at $1.27 billion. The estimate suggests a change of -10.5% year over year.
Analysts predict that the 'Total stores' will reach 829 . The estimate compares to the year-ago value of 784 .
Analysts' assessment points toward 'Total Gross Square Footage' reaching 3870 thousands of square feet. Compared to the present estimate, the company reported 3511 thousands of square feet in the same quarter last year.
Analysts expect 'Total stores - Americas' to come in at 481 . The estimate compares to the year-ago value of 467 .
The collective assessment of analysts points to an estimated 'Total stores - China Mainland' of 180 . The estimate is in contrast to the year-ago figure of 159 .
The consensus estimate for 'Total Net New Stores' stands at 13 . The estimate compares to the year-ago value of 14 .
View all Key Company Metrics for Lululemon here>>>Shares of Lululemon have demonstrated returns of +1.6% over the past month compared to the Zacks S&P 500 composite's +3.9% change. With a Zacks Rank #3 (Hold), LULU is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .