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Lululemon Athletica Earnings Preview For Thursday

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Lululemon Athletica Inc.  (LULU) 

Background: lululemon athletica inc., together with its subsidiaries, designs, manufactures, and distributes athletic apparel and accessories for women, men, and female youth. lululemon athletica inc. was founded in 1998 and is based in Vancouver, Canada.

Lululemon Athletica is forecast to record lower fourth-quarter earnings before the market opens on March 27, 2014.

The consensus estimate is currently 73 cents a share, a drop of 2 cents (2.7%) from 75 cents during the equivalent quarter last year. Analysts are estimating as low as 70 cents per share, up to the most optimistic estimate of 80 cents per share.

Analyst opinion is mixed. Most of the analysts surveyed don't believe a buy or a sell should be made at this point. Currently, Lululemon Athletica has 14 buy recommendations out of 32 analysts covering the company, 15 holds, and 3 recommend selling. The stock has appreciated -31% in the last year, and the average analyst target price for Lululemon Athletica is $59.32.

Short interest with this stock is very high. More than one in five shares is short. Shorts are the smart money, but when they pile on this hard it can backfire too. The proportion of the float short is 16.6%.

 

(LULU)

(GPS)

(NKE)

Strong Buy

7

6

5

Moderate Buy

7

5

10

Hold

15

21

12

Strong Sell Ratings

3

1

0

Avg Analyst Price Target

$59.32

$45.72

$81.36

Revenue

$1.59 billion

$16.79 billion

$27.75 billion

Est Low EPS

0.70

0.62

0.66

Est High EPS

0.80

0.73

0.79

1 Year Stock Price Change

-33.12%

12.93%

44.40%


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Stock Tickers: LULU GPS NKE Author Disclosure: n/a
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