Preview: Levi Strauss's Earnings
Portfolio Pulse from Benzinga Insights
Levi Strauss is set to announce its quarterly earnings, with analysts estimating an EPS of $0.31. The company's stock has risen 60.54% over the past year, and analysts have a 'Buy' rating with a price target of $25.5, indicating a potential 16.97% upside. Despite a previous EPS beat, the stock dropped 15.4% last quarter. Levi Strauss leads in revenue growth among peers but has the lowest return on equity.
October 01, 2024 | 3:02 pm
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Levi Strauss is expected to report an EPS of $0.31. Analysts have a 'Buy' rating with a price target of $25.5, suggesting a 16.97% upside. Despite a previous EPS beat, the stock fell 15.4% last quarter. Investors are keen on guidance.
Levi Strauss's upcoming earnings report is highly anticipated, with a focus on whether it can surpass EPS estimates and provide positive guidance. The stock's previous reaction to earnings, despite beating estimates, was negative, indicating that guidance will be crucial. The 'Buy' rating and price target suggest optimism, but market reaction will depend on the earnings call details.
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