Top Wall Street Forecasters Revamp Levi Strauss Price Expectations Ahead Of Q1 Earnings

Levi Strauss & Co. (NYSE:LEVI) will release earnings results for the first quarter, after the closing bell on Monday, April 7.

Analysts expect the company to report quarterly earnings at 28 cents per share, up from 26 cents per share in the year-ago period. Levi Strauss projects to report quarterly revenue at $1.54 billion, compared to $1.56 billion a year earlier, according to data from Benzinga Pro.

On Jan. 29, Levi Strauss reported quarterly earnings of 50 cents per share which beat the analyst consensus estimate of 48 cents per share. The company reported quarterly sales of $1.840 billion which beat the analyst consensus estimate of $1.728 billion.

Levi Strauss shares tumbled 13.7% to close at $14.44 on Thursday.

Benzinga readers can access the latest analyst ratings on the ...