Nasdaq: Why Levi Strauss (LEVI) Could Beat Earnings Estimates Again

From Nasdaq:



Levi Strauss (LEVI) is a stock with a history of beating earnings estimates and is expected to continue the trend in its next quarterly report. The company has shown a favorable change in earnings estimates and has a positive Zacks Earnings ESP. With a Zacks Rank of #3 (Hold) and a positive Earnings ESP, the company is expected to possibly beat earnings estimates.

It is important to note, however, that a negative Earnings ESP will reduce the predictive power of the metric, and a stock’s earnings miss is not solely based on beating the consensus EPS estimate. It is advisable to check a company’s Earnings ESP ahead of its quarterly release to increase the odds of success. Levi Strauss currently has an Earnings ESP of +0.78% and a Zacks Rank #3, indicating the possibility of another earnings beat.

The history of Levi Strauss reflects a trend of beating earnings estimates, and the company is currently expected to possibly beat earnings estimates in its upcoming quarterly report.



Original: Why Levi Strauss (LEVI) Could Beat Earnings Estimates Again