Levi Strauss - Levi's

Levi Strauss (LEVI) Beats Q3 Earnings and Revenue Estimates

Zacks Equity Research
Tue, October 6, 2020, 11:25 PM GMT+2
Levi Strauss (LEVI) came out with quarterly earnings of $0.08 per share, beating the Zacks Consensus Estimate of a loss of $0.27 per share. This compares to earnings of $0.31 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 129.63%. A quarter ago, it was expected that this jeans maker would post a loss of $0.50 per share when it actually produced a loss of $0.48, delivering a surprise of 4%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

Levi Strauss, which belongs to the Zacks Retail - Apparel and Shoes industry, posted revenues of $1.06 billion for the quarter ended August 2020, surpassing the Zacks Consensus Estimate by 38.63%. This compares to year-ago revenues of $1.45 billion.


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https://finance.yahoo.com/news/levi-stra...09334.html