Will Lululemon (LULU) Keep Earnings Streak Alive in Q1?

lululemon athletica inc. LULUis slated to report first-quarter fiscal 2018 results on May 31. The question lingering in investors’ minds is whether this yoga-inspired athletic apparel retailer will be able to deliver another positive earnings surprise in the to-be-reported quarter.

The company pulled off a positive earnings surprise of 4.

7% in the previous quarter. In the trailing four quarters, lululemon surpassed the Zacks Consensus Estimate by an average of 9.5%. Let’s see how things are shaping up prior to this announcement.

What to Expect?

The Zacks Consensus Estimate for the quarter under review is pegged at 45 cents per share, reflecting year-over-year growth of 40.6%. However, estimates were stable in the last 30 days. Further, analysts polled by Zacks expect revenues of $616.3 million, up about 18.5% from the year-ago quarter.