Levi Strauss & -Levi Strauss (LEVI) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

Core Insights - Wall Street analysts forecast Levi Strauss (LEVI) to report quarterly earnings of $0.28 per share, reflecting a year-over-year increase of 7.7%, while revenues are expected to be$ 1.54 billion, indicating a decline of 1% compared to the previous year [1] Earnings Estimates - Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter, indicating stability in analysts' forecasts [2] - Changes in earnings estimates are crucial for predicting investor reactions, with empirical studies showing a strong correlation between earnings estimate revisions and short-term stock performance [3] Revenue Projections - Analysts estimate 'Geographic Revenues- Americas' at $735.66 million, a year-over-year change of -0.1% [5] - 'Geographic Revenues- Europe' is projected to reach$ 411.06 million, reflecting a decline of 2.8% from the year-ago quarter [5] - The consensus estimate for 'Geographic Revenues- Other Brands' stands at $109.58 million, indicating a year-over-year increase of 0.5% [5] - 'Geographic Revenues- Asia' is expected to be$ 280.87 million, showing a decline of 2.8% year-over-year [6] Stock Performance - Levi Strauss shares have experienced a change of -1% in the past month, compared to the Zacks S&P 500 composite's -5.3% move, suggesting a relatively stable performance [7] - With a Zacks Rank 3 (Hold), LEVI is anticipated to closely follow overall market performance in the near term [7]