What to expect from Michael Kors tomorrow

This could be the quarter that Michael Kors (KORS +0.1%) sees a reality check, warns Barclays.

Amid a new rush of analyst upgrades and glowing commentary, the investment firm thinks the luxury brand is bumping up against a point of maturity due its red-hot growth track.

Aside from Barclays, the consensus on the Street is chiefly for another Michael Kors earnings blow-out. The company has dazzled with its last few reports and Tiffany's showed last week that luxury demand is still vibrant.

Analysts expect Michael Kors to report EPS of $0.68 and revenue of $815.3M. The crowd at Estimize is at $0.76 and $857M.

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