Leggett & Platt (NYSE: LEG) releases its next round of earnings this Monday, July 29. Get the latest predictions in Benzinga's essential guide to the company's Q2 earnings report.
Earnings and Revenue
Sell-side analysts expect Leggett & Platt's EPS to be near 64 cents on sales of $1.28 billion.
In the same quarter last year, Leggett & Platt posted EPS of 63 cents on sales of $1.10 billion. The analyst consensus estimate would represent a 1.59% increase in the company's EPS figure. Revenue would be up 16.05% from the year-ago period. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
|Quarter||Q1 2019||Q4 2018||Q3 2018||Q2 2018|
Shares of Leggett & Platt are trading at $39.31. Over the last 52-week period, shares are down 11.66%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.
Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. Analysts have been rating Leggett & Platt stock as Neutral. The strength of this rating has maintained conviction over the past three months.
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