Levi Strauss & Co reports results for the quarter ended February 28 - Earnings Summary

• Levi Strauss & Co LEVI.N reported quarterly adjusted earnings of 38 cents​​ per share for the quarter ended February 28, higher than the same quarter last year, when the company reported EPS of 26 cents. The mean expectation of ten analysts for the quarter was for earnings of 28 cents per share. Wall Street expected results to range from 27 cents to 29 cents per share.

• Revenue fell 2% to $1.53 billion from a year ago; analysts expected $1.54 billion.

• Levi Strauss & Co's reported EPS for the quarter was 34 cents​.

• The company reported quarterly net income of $135 million.

• Levi Strauss & Co shares had fallen by 10.9% this quarter and lost 19.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 10.9% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "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 $22.00

This summary was machine generated from LSEG data April 7 at 09:01 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)