1. LULU expects Q3 earnings of $2.21 per share, down from $2.87 last year. 2. Projected revenue is $2.48 billion, slightly higher than last year's $2.4 billion. 3. Second-quarter revenue of $2.53 billion missed estimates, reflecting potential volatility. 4. Analyst ratings vary, with targets between $183 and $303, reflecting mixed sentiments. 5. LULU shares rose 2.9% to $187.62, demonstrating some investor confidence.
FAQ
Why Bearish?
The expected drop in earnings could concern investors; similar patterns in previous earnings have led to volatility.
How important is it?
Earnings guidance is critical; changes could affect investor confidence significantly.
Why Short Term?
Quarterly earnings results will directly influence short-term trading; patterns usually seen post-earnings announcements.