Leggett & Platt (NYSE:LEG) will release its quarterly earnings report on Monday, 2024-10-28. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Leggett & Platt to report an earnings per share (EPS) of $0.33.
The market awaits Leggett & Platt's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
Earnings Track Record
The company's EPS missed by $0.01 in the last quarter, leading to a 1.01% increase in the share price on the following day.
Here's a look at Leggett & Platt's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.30 | 0.24 | 0.27 | 0.40 |
| EPS Actual | 0.29 | 0.23 | 0.26 | 0.36 |
| Price Change % | 1.0% | -27.0% | -12.0% | -1.0% |
Stock Performance
Shares of Leggett & Platt were trading at $12.27 as of October 24. Over the last 52-week period, shares are down 47.98%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.
To track all earnings releases for Leggett & Platt visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
