Lululemon: Analysts Expect Revenues Of $1.44 Billion For Third Quarter
Lululemon Athletica (NASDAQ: LULU) will be reporting its third quarter financial results on December 9th after the market closes. Analysts have a consensus $468.57 12-month price target on the company, via a total of 31 analysts, with 9 analysts having strong buy ratings, 12 having buy ratings and the last 10 analysts have hold ratings. The street high comes in at $570 price target, and the lowest target sits at $344.
22 analysts have revenue estimates for the third quarter. The mean revenue estimate between all 22 analysts is $1.44 billion; this number has been revised upwards from $`1.32 billion at the start of June. The highest revenue estimate is $1.48 billion, while the lowest is $1.42 billion.
Onto EBITDA estimates, there are currently 10 analysts who have third quarter EBITDA estimates. The mean is currently $316.21 million, with this number having been revised upwards from $286.93 million at the start of June. The street high estimate currently sits at $380 million in EBITDA and the lowest is $298.78 million.
Analysts estimate that quarterly earnings per share will come in at $1.41, with this number being revised upwards from $1.32 at the start of June. Street high is $1.51 and the lowest estimate is $1.33 per share for the quarter.
Information for this briefing was found via Sedar and Refinitiv. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
