div > div.group > p:first-child"> Here's what Wall Street is expecting, based on a survey of analysts by Refinitiv:
At that time, Lululemon said it would earn between $1.72 and $1.74 per share, excluding a tax expense, up from its previous estimate of $1.64 to $1.67 per share. The Vancouver-based company's shares are up more than 80 percent over the past 12 months and more than 20 percent year to date, more than double the S&P 500 Retail ETF's growth of about 8.5 percent.
"We see measured guidance as likely, as a turbulent February likely hits LULU just as hard as the rest of retail," Wedbush said in an analyst note.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Samsung Electronics expects quarter one earnings to miss market forecastsSamsung Electronics said on Tuesday that it expects its first quarter earnings t...
Source: Reuters - 🏆 2. / 97 Read more »
Stock market's fourth-quarter crash and comeback draws comparisons on Wall Street to '87, '95Right now, Wall Street is spending a lot of time debating what year from the past looks most like 2019 – and what that means for the market outlook.
Source: CNBC - 🏆 12. / 72 Read more »
Samsung warns first-quarter earnings will fall short of expectationsSamsung, the world's largest smartphone maker, says it is due to weak memory and display business.
Source: CNBC - 🏆 12. / 72 Read more »
Doubts increase that first quarter will be earnings low pointAs Wall Street braces for what may be the first U.S. profit decline since 2016, ...
Source: Reuters - 🏆 2. / 97 Read more »
Wall Street Week Ahead: Doubts increase that first quarter will be earnings low pointAs Wall Street braces for what may be the first U.S. profit decline since 2016, ... Thanks, Federal Reserve... Another Red Flag that A Trump/Republican’s Recession is going to happen. Hopefully it’s is not as severe as 2008 another Republican Recession. Let’s see what the first quarter GDP is. If it’s less than 3% then quit spending & prepare for many job losses. 'Earnings'? Have they EARNED them? They can always get a job.
Source: Reuters - 🏆 2. / 97 Read more »