Leggett & Platt Inc expected to post earnings of 40  cents a share - Earnings Preview

Leggett & Platt

28/10/2023 03:06

* Leggett & Platt Inc  LEG.N   LEG  is expected to show a
fall in
quarterly revenue when it reports  results on October 30. 
    * The Carthage Missouri-based  company is expected to report
 a
4.2% decrease in revenue to $1.24 billion from $1.29 billion a
year ago, according to the mean estimate from 4 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Leggett & Platt Inc
is
for earnings of 40 cents per share. 
    * 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 $26​, above​ its last closing price of $23.18. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  0.49        0.50       0.52      Beat    5.1
 ​​Jun.        0.69        0.70       0.70      Met     0
 30 2022                                                
 Mar. 31 2022  0.56        0.56       0.66      Beat    17.9​
 Dec. 31 2021  0.73        0.73       0.77      Beat    5.8
 Sep. 30 2021  0.77        0.77       0.71      Missed  -7.5
 This summary was machine generated October 28 at 02:05 GMT.  All
figures in US dollars  unless otherwise stated