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Lululemon Athletica Inc. Q3 adjusted earnings Beat Estimates

Lululemon Athletica Inc. (LULU) reported a profit for its third quarter that rose from the same period last year.

The company's bottom line totaled $143.64 million, or $1.10 per share. This compares with $125.98 million, or $0.96 per share, in last year's third quarter.

Excluding items, Lululemon Athletica Inc. reported adjusted earnings of $151.28 million or $1.16 per share for the period.

Analysts had expected the company to earn $0.88 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 21.7% to $1.12 billion from $0.92 billion last year.

Lululemon Athletica Inc. earnings at a glance:

-Analysts Estimate: $0.88
-Revenue (Q3): $1.12 Bln vs. $0.92 Bln last year.

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