Levi Strauss Unveils Mixed Results; CalAmp Misses Estimates
- October 05th, 2023
- 665 views
Levi Strauss & Co. (NYSE: LEVI) has released its third-quarter fiscal 2023 results, reporting adjusted earnings of $0.28 per share, slightly surpassing the consensus estimate of $0.27. The company's quarterly sales reached $1.51 billion, falling just short of analysts' revenue expectations of $1.54 billion.
Levi Strauss anticipates its full-year fiscal 2023 adjusted earnings per share (EPS) to be at the lower end of the previously provided range of $1.10 to $1.20.
$LEVI was trading at $13.02 in after-hours, reflecting a decrease of $0.19 (-1.44%).
In separate news, CalAmp Corp. (Nasdaq: CAMP) reported its second-quarter fiscal 2024 results, posting a loss of $(0.11) per share, which missed the consensus earnings estimate of $0.03 per share. Quarterly sales for the company totaled $61.70 million, falling short of analysts' revenue projections of $70.35 million for the period.
In after-hours, $CAMP was trading at $0.40, down $0.05 (-11.50%).
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