Lululemon Athletica Inc reports results for the quarter ended in October - Earnings Summary

Published on December 08, 2022 05:01 PM EST

Lululemon Athletica Inc reports results for the quarter ended in October - Earnings Summary — Image source: ©2022 Kalkine Media®

* Lululemon Athletica Inc reported quarterly adjusted earnings of $2.00 per share for the quarter ended in October. The mean expectation of twenty three analysts for the quarter was for earnings of $1.97 per share. * Revenue rose 28% to $1.86 billion from a year ago; analysts expected $1.81 billion. * Lululemon Athletica Inc's reported EPS for the quarter was $2.00. * The mean earnings estimate of analysts had risen by about 1.3% in the last three months. * In the last 30 days there have been no negative revisions of earnings estimates * Lululemon Athletica Inc shares had risen by 33.2% this quarter and lost 4.9% so far this year. * The company reported quarterly net income of $255.47 million. * Wall Street's median 12-month price target for Lululemon Athletica Inc is $395.00 * The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 22 "strong buy" or "buy," 9 "hold" and 1 "sell" or "strong sell." This summary was machine generated from Refinitiv data December 8 at 10:01 p.m. All figures in US dollars unless otherwise stated. QUARTER ENDING ESTIMATE ACTUAL BEAT, MET, MISSED Oct. 31 2022 1.97 2.00 Beat Jul. 31 2022 1.87 2.20 Beat Apr. 30 2022 1.43 1.48 Beat Jan. 31 2022 3.28 3.37 Beat

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