Lululemon Athletica Inc reports results for the quarter ended January 31 - Earnings Summary

• Lululemon Athletica Inc LULU.OQ reported quarterly adjusted earnings of $6.14​​ per share for the quarter ended January 31, higher than the same quarter last year, when the company reported EPS of $5.29. The mean expectation of twenty six analysts for the quarter was for earnings of $5.85 per share. Wall Street expected results to range from $5.44 to $5.97 per share.

• Revenue rose 12.7% to $3.61 billion from a year ago; analysts expected $3.57 billion.

• Lululemon Athletica Inc's reported EPS for the quarter was $6.14​.

• The company reported quarterly net income of $748.4 million.

• Lululemon Athletica Inc shares had fallen by 11.7% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 3.4% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 21 "strong buy" or "buy," 10 "hold" and 3 "sell" or "strong sell." The average consensus recommendation for the apparel & accessories peer group is also "buy"

• Wall Street's median 12-month price target for Lululemon Athletica Inc is $411.00

This summary was machine generated from LSEG data March 27 at 09:00 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)