Wall Street analysts forecast that Lululemon (LULU) will report quarterly earnings of $2.69 per share in its upcoming release, pointing to a year-over-year increase of 6.3%. It is anticipated that revenues will amount to $2.35 billion, exhibiting an increase of 6.8% compared to the year-ago quarter.

The current level reflects a downward revision of 0.4% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.

Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.

While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.

That said, let's delve into the average estimates of some Lululemon metrics that Wall Street analysts commonly model and monitor.

According to the collective judgment of analysts, 'Net Revenue by Channel- E-commerce' should come in at $951.61 million. The estimate indicates a year-over-year change of +4.8%.

Analysts' assessment points toward 'Net Revenue by Channel- Company-operated stores' reaching $1.16 billion. The estimate indicates a change of +8.1% from the prior-year quarter.

The collective assessment of analysts points to an estimated 'Net Revenue by Channel- Other' of $244.46 million. The estimate points to a change of +10.1% from the year-ago quarter.

Analysts expect 'Net Revenue by Category- Other categories' to come in at $284.62 million. The estimate points to a change of +7.2% from the year-ago quarter.

Analysts forecast 'Geographic Revenues- United States' to reach $1.43 billion. The estimate indicates a year-over-year change of +0.7%.

The combined assessment of analysts suggests that 'Geographic Revenues- Canada' will likely reach $325.65 million. The estimate suggests a change of +5.5% year over year.

Analysts predict that the 'Geographic Revenues- People's Republic of China' will reach $340.29 million. The estimate points to a change of +27.5% from the year-ago quarter.