How To Earn $500 A Month From Levi Strauss Stock Ahead Of Q1 Earnings Report
Portfolio Pulse from Avi Kapoor
Levi Strauss & Co. (NYSE:LEVI) is expected to report Q1 earnings of 21 cents per share, down from 34 cents a year ago, with revenue projected at $1.55 billion. The company previously reported a Q4 revenue of $1.64 billion, missing estimates, but beat earnings expectations with 44 cents per share. Levi offers a 2.56% annual dividend yield. To earn $500 monthly from dividends, an investment of approximately $234,250 is needed. LEVI shares fell 7.7% to close at $18.74.
April 03, 2024 | 11:57 am
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Levi Strauss is anticipated to report lower Q1 earnings per share compared to last year, with a projected revenue of $1.55 billion. The company offers a 2.56% annual dividend yield, and shares recently fell by 7.7%.
The expected decrease in earnings per share and the recent 7.7% drop in share price suggest a negative short-term impact on LEVI's stock. However, the dividend yield may provide some cushion, indicating a mixed but predominantly negative outlook.
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