Lululemon Athletica Earnings Preview: Can This Streak Continue?

Lululemon Athletica (NASDAQ:LULU) will report earnings after markets close on Monday, June 10th. Lululemon Athletica Inc designs and retails athletic clothing. The Company produces fitness pants, shorts, tops and jackets for yoga, dance, running, and general fitness.

Here is your Cheat Sheet to Lululemon Athletica Earnings:

Earnings Expectations: Analysts expect earnings of $0.30 per share on revenues of $341.00 million. Currently, the company’s P/E ratio stands at 42.86.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.43 to a profit $0.33. For the current year, the average estimate is a profit of $1.99, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Lululemon Athletica has been performing on an annual basis:

Fiscal Year 2009 2010 2011 2012 2013
Revenue ($) in millions 353 453 712 1,001 1,370
Diluted EPS ($) 0.28 0.41 0.85 1.27 1.85

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Apr. 30, 2012 Jul. 31, 2012 Oct. 31, 2012 Jan. 31, 2013
Revenue ($) in millions 285.70 282.63 316.54 485.49
Diluted EPS ($) 0.32 0.39 0.39 0.75

Past Performance:
Lululemon Athletica has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)