Levi Strauss & Co reports results for the quarter ended November 30 - Earnings Summary

• Levi Strauss & Co LEVI.N reported quarterly adjusted earnings of 50 cents​​ per share for the quarter ended November 30, higher than the same quarter last year, when the company reported EPS of 44 cents. The mean expectation of twelve analysts for the quarter was for earnings of 48 cents per share. Wall Street expected results to range from 47 cents to 51 cents per share.

• Revenue rose 12% to $1.84 billion from a year ago; analysts expected $1.73 billion.

• Levi Strauss & Co's reported EPS for the quarter was 46 cents​.

• The company reported quarterly net income of $182.6 million.

• Levi Strauss & Co shares had risen by 6.1% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.5% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 7 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the apparel & accessories peer group is also "buy"

Wall Street's median 12-month price target for Levi Strauss & Co is $23.00

This summary was machine generated from LSEG data January 29 at 10:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)