Earning Previews: Nike Versus Lululemon (NKE, LULU)

Nike has estimates from Thomson Reuters of $1.16 EPS on $5.8 billion in revenues.  The coming quarter is expected to be $1.41 EPS on $6.59 billion in sales.  Shares appear to have hit a new all-time high of $111.78 on Friday.  Analysts have a consensus target of $111.60 for Nike.

Lululemon Athletica has estimates from Thomson Reuters of $0.49 EPS on $362.37 million in revenues; next quarter estimates are $0.30 EPS on $257.07 million in revenues.  For the year January 2013, estimates are $1.60 EPS on $1.31 billion in revenues.  Lulu hit a new high of $74.50 on Friday and the consensus analyst target is $67.31.

Both companies are going to need to do very well in their earnings reports if they want their shares to continue running higher.

JON C. OGG