CORRECTION: Levi Strauss & Co Adjusted Diluted EPS Is Expected To Be On The Low-End Of The Previously Guided Range Of $1.10-$1.20 Vs $1.12 Est
Portfolio Pulse from Happy Mohamed
Levi Strauss & Co has announced that its adjusted diluted EPS is expected to be on the low-end of the previously guided range of $1.10-$1.20, compared to the estimated $1.12.
October 05, 2023 | 8:34 pm
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Levi Strauss & Co's adjusted diluted EPS is expected to be lower than estimated, which could negatively impact the company's stock price.
Earnings per share (EPS) is a key indicator of a company's profitability. A lower than expected EPS often leads to a decrease in the company's stock price as it indicates lower profitability than anticipated. Therefore, the announcement by Levi Strauss & Co could negatively impact its stock price.
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