Leggett & Platt Inc expected to post earnings of 27 cents a share - Earnings Preview
06/02/2024 22:43
* Leggett & Platt Inc LEG.N LEG is expected to show a
fall in
quarterly revenue when it reports results on February 8 for the
period ending December 31 2023
* The Carthage Missouri-based company is expected to report
a
7.5% decrease in revenue to $1.106 billion from $1.2 billion a
year ago, according to the mean estimate from 4 analysts, based
on LSEG data.The company's guidance on October 30 2023, for the
period ended December 31, was for revenue between $1.09 billion
and $1.14 billion. (Sales/Revenue Majority Basis is on Net
Sales)
* LSEG's mean analyst estimate for Leggett & Platt Inc is
for
earnings of 27 cents per share. The company's EPS guidance on
October 30 2023, for the period ended December 31, was between
$0.22 and $0.32
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in
the last
three months.
* Wall Street's median 12-month price target for Leggett &
Platt
Inc is $24.00, above its last closing price of $23.19.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Sep. 30 2023 0.40 0.40 0.36 Missed -9.4
Jun. 30 2023 0.39 0.39 0.38 Missed -3.2
Mar. 31 2023 0.26 0.26 0.39 Beat 51.5
Dec. 31 2022 0.48 0.48 0.39 Missed -18.3
Sep. 0.49 0.50 0.52 Beat 5.1
30 2022
Jun. 30 2022 0.69 0.70 0.70 Met 0
Mar. 31 2022 0.56 0.56 0.66 Beat 17.9
Dec. 31 2021 0.73 0.73 0.77 Beat 5.8
This summary was machine generated February 6 at 22:43 GMT. All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)