Levi’s will report earnings after market hours this Thursday. Last quarter, the company beat revenue expectations by 5.8%, reporting $1.45 billion in revenues, up 6.4% year on year. Analysts expect revenue to grow 4% to $1.5 billion this quarter with adjusted earnings of $0.31 per share. Levi’s has missed revenue estimates six times in the last two years. Consumer discretionary peers like Nike and Carnival have already reported their Q3 results, with Nike beating revenue expectations by 6.5% and Carnival up 3.3%. Levi’s stock is up 11.1% in the last month.
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Read more at Stockstory.org – Barchart: What To Expect From Levi’s (LEVI) Q3 Earnings
