Levi Strauss Likely To Report Sharp Drop In Q2 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Portfolio Pulse from Lisa Levin
Levi Strauss & Co. (NYSE:LECI) is expected to report a sharp drop in its Q2 earnings, with analysts predicting earnings of 3 cents per share, down from 23 cents per share a year ago. The company's revenue is expected to be around $1.34 billion. Several analysts have recently adjusted their price targets for the company, with the most accurate analysts predicting an upside of 11% to 32% in the company's stock.
July 05, 2023 | 12:35 pm
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Levi Strauss is expected to report a significant drop in Q2 earnings. Despite this, analysts predict an upside of 11% to 32% in the company's stock.
The expected drop in earnings could negatively impact the company's stock price in the short term. However, the predicted upside by analysts suggests that they believe the company's stock price will recover and potentially increase in the future.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100