Levi Strauss (NYSE:LEVI) is gearing up to announce its quarterly earnings on Wednesday, 2024-10-02. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Levi Strauss will report an earnings per share (EPS) of $0.31.
Anticipation surrounds Levi Strauss's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Earnings History Snapshot
The company's EPS beat by $0.05 in the last quarter, leading to a 15.4% drop in the share price on the following day.
Stock Performance
Shares of Levi Strauss were trading at $21.8 as of September 30. Over the last 52-week period, shares are up 60.54%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
Analysts' Perspectives on Levi Strauss
For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Levi Strauss.
The consensus rating for Levi Strauss is Buy, based on 2 analyst ratings. With an average one-year price target of $25.5, there's a potential 16.97% upside.
Peer Ratings Comparison
In this comparison, we ...
