What to Watch Wednesday: Lululemon Reports Earnings

On Wednesday, March 29, investors await quarterly results from Lululemon Athletica.
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On Wednesday, March 29, investors await quarterly results from Lululemon Athletica (LULU) - Get Report. Analysts expect the athletic apparel maker to report earnings of $1.01 a share on sales of $783.6 million. During the same quarter a year ago, the company posted earnings of $0.85 on sales of $704.3 million. As for economic data, the pending home sales index for February is out at 10 a.m. Eastern while the EIA Petroleum Status Report is released at 10:30 a.m.