Levi Strauss Q3 2024 Adj. EPS $0.33 Beats $0.31 Estimate, Sales $1.516B Miss $1.550B Estimate
Portfolio Pulse from Benzinga Newsdesk
Levi Strauss reported Q3 2024 earnings per share of $0.33, surpassing the expected $0.31, but sales of $1.516 billion fell short of the $1.550 billion estimate. Sales increased slightly from the previous year.
October 02, 2024 | 8:11 pm
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NEUTRAL IMPACT
Levi Strauss reported better-than-expected EPS for Q3 2024 at $0.33, but sales missed estimates at $1.516 billion. Sales showed a slight increase from last year.
The positive EPS surprise is offset by the sales miss, leading to a neutral short-term impact on the stock price. The slight sales growth from last year provides some stability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100