Lululemon Athletica lifts FY earnings guidance as Q1 results top estimates

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 83 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 36%
  • Publisher: 53%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Lululemon Athletica lifts FY earnings guidance as Q1 results top estimates

lifted its full-year earnings guidance Wednesday after reporting fiscal first-quarter results that topped Wall Street expectations as strong momentum in international sales boosted performance.

For 2024, diluted earnings per share are now expected to be in the range of $14.27 to $14.47, up from a prior estimate of $14.00 to $14.20 per share, while the revenue forecast of $10.70B to $10.80 was maintained, the company said.earnings per share of $2.54 on revenue of $2.2 billion. Analysts polled by Investing.com anticipated EPS of $2.40 on revenue of $2.20B.

For Q2, the company sees earnings in a range of $2.92 to $2.97 share on revenue between $2.40B to $2.42B, compared with consensus for EPS of $3.03 on revenue of $2.45B.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.

Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.would like to remind you that the data contained in this website is not necessarily real-time nor accurate.

It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 450. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Lululemon earnings preview: What you should know ahead of Q1 printLululemon earnings preview: What you should know ahead of Q1 print
Källa: Investingcom - 🏆 450. / 53 Läs mer »