LULU - Why Lululemon (LULU) Could Beat Earnings Estimates Again | Benzinga

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Lululemon (NASDAQ: LULU), which belongs to the Zacks Textile - Apparel industry.

This athletic apparel maker has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 8.69%.

For the most recent quarter, Lululemon was expected to post earnings of $2.27 per share, but it reported $2.53 per share instead, representing a surprise of 11.45%. For the previous quarter, the consensus estimate was $2.53 per share, while it actually produced $2.68 per share, a surprise of 5.93%.

With this earnings history in mind, recent estimates have been moving higher for Lululemon. In fact, the Zacks Earnings ESP (Expected ...

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