After-Hours Earnings Report for October 9, 2025 : APLD, LEVI, APOG

Applied Digital (APLD), Levi Strauss (LEVI), and Apogee Enterprises (APOG) are slated to report earnings after hours on October 9, 2025, for the quarter ending August 31, 2025. Analysts project APLD to report an EPS of $-0.11, marking a 266.67% decrease year-over-year, while LEVI is expected to post $0.31 EPS, a 6.06% decline, despite a consistent track record of beating estimates. APOG is forecast to report $0.86 EPS, down 40.28% YoY, with its 2026 P/E ratio suggesting anticipated higher earnings growth relative to its industry peers.

Analysis

Applied Digital (APLD), Levi Strauss (LEVI), and Apogee Enterprises (APOG) are scheduled to report Q3 2025 earnings, with consensus estimates indicating significant year-over-year declines for all three. APLD faces the steepest projected decrease, with analysts forecasting an EPS of $-0.11, a 266.67% reduction from the prior year, alongside a highly negative 2026 P/E ratio of -82.18 against an industry average of 20.20. This suggests considerable fundamental weakness.

LEVI is expected to report an EPS of $0.31, representing a 6.06% decrease year-over-year. Despite this forecast, the company has consistently beaten consensus expectations in the past four quarters, including a 57.14% beat in Q2, suggesting a potential for positive surprise. Its 2025 P/E ratio of 18.97 is slightly below the industry average of 20.90.

Apogee Enterprises (APOG) is projected to see a 40.28% decline in EPS to $0.86, following a Q1 2025 miss by -1.11%. However, its 2026 P/E ratio of 10.80, compared to an industry average of 9.60, implies an expectation of higher future earnings growth relative to its competitors, presenting a nuanced outlook despite near-term weakness.

Key Decisions for Investors

• Investors should exercise caution with APLD given the substantial negative EPS forecast and highly unfavorable P/E ratio, indicating significant headwinds.
• Consider monitoring LEVI's actual results closely for potential upside surprises, given its consistent history of beating estimates despite a projected YoY decline.
• For APOG, evaluate whether the implied future earnings growth from its P/E ratio can offset the significant forecast EPS decrease and recent miss, suggesting a mixed short-to-medium term outlook.