Voya Financial (VOYA) Q3 Earnings and Revenues Top Estimates

For the quarter ended February 2023, Levi Strauss (LEVI) reported revenue of $1.69 billion, up 6.1% over the same period last year. EPS came in at $0.34, compared to $0.46 in the year-ago quarter.

The reported revenue represents a surprise of +7.02% over the Zacks Consensus Estimate of $1.58 billion. With the consensus EPS estimate being $0.32, the EPS surprise was +6.25%.

While investors closely watch year-over-year changes in headline numbers — revenue and earnings — and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company’s underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock’s price performance more accurately.

Here is how Levi Strauss performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Geographic Revenues- Americas: $823 million versus $765.90 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +7.4% change.
  • Geographic Revenues- Europe: $455.10 million versus the four-analyst average estimate of $429.40 million. The reported number represents a year-over-year change of -3%.
  • Geographic Revenues- Other Brands: $121.30 million compared to the $104.56 million average estimate based on four analysts. The reported number represents a change of +23.8% year over year.
  • Geographic Revenues- Asia: $289.50 million versus the four-analyst average estimate of $266.70 million. The reported number represents a year-over-year change of +12.2%.

View all Key Company Metrics for Levi Strauss here>>>

Shares of Levi Strauss have returned +5.4% over the past month versus the Zacks S&P 500 composite’s +1.2% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

Is THIS the Ultimate New Clean Energy Source? (4 Ways to Profit)

The world is increasingly focused on eliminating fossil fuels and ramping up use of renewable, clean energy sources. Hydrogen fuel cells, powered by the most abundant substance in the universe, could provide an unlimited amount of ultra-clean energy for multiple industries. 

Our urgent special report reveals 4 hydrogen stocks primed for big gains – plus our other top clean energy stocks.  

See Stocks Now

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Levi Strauss & Co. (LEVI) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Image and article originally from www.nasdaq.com. Read the original article here.

By Zacks