LULU - What's Going On With Lululemon Athletica Shares Wednesday? | Benzinga
Lululemon Athletica, Inc. (NASDAQ: LULU) shares are trading lower Wednesday ahead of the company’s earnings release after the market close. Here’s what you need to know.
The Details: Lululemon is anticipated to release financial results for the 2024 fiscal-year first quarter after the bell. Analysts expect EPS to come in at $2.39 and revenue to reach $2.2 billion per data from Benzinga Pro.
Last quarter, Lululemon beat analyst expectations for both adjusted EPS and revenue. The company reported adjusted EPS at $5.29 beating analyst expectations of $5.0 and revenue at $3.20 billion coming in ahead of analyst expectations of $3.19 billion.
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