Top Wall Street Forecasters Revamp Lululemon Athletica Price Expectations Ahead Of Q4 Earnings

Lululemon Athletica Inc. (NASDAQ:LULU) will release its fourth-quarter financial results after the closing bell on Thursday, March 27.

Analysts expect the Vancouver, Canada-based company to report quarterly earnings at $5.85 per share, up from $5.29 per share in the year-ago period. Lululemon projects quarterly revenue of $3.57 billion, compared to $3.21 billion a year earlier, according to data from Benzinga Pro.

The company beat analysts' revenue estimates in the third quarter, and has beaten estimates in nine of the last 10 quarters overall.

Lululemon shares gained 0.1% to close at $337.79 on Wednesday.

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