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Stock impact report

Leggett & Platt Earnings: What To Look For From LEG [Yahoo! Finance]

Leggett & Platt, Incorporated (LEG) 
Last leggett & platt, incorporated earnings: 2/3 04:20 pm Check Earnings Report
US:NYSE Investor Relations: leggett.com
Company Research Source: Yahoo! Finance
Leggett & Platt met analysts' revenue expectations last quarter, reporting revenues of $1.13 billion, down 7.6% year on year. It was a slower quarter for the company, with underwhelming earnings guidance for the full year. Is Leggett & Platt a buy or sell going into earnings? Read our full analysis here, it's free This quarter, analysts are expecting Leggett & Platt's revenue to decline 6.1% year on year to $1.10 billion, improving from the 9.2% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.33 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Leggett & Platt has missed Wall Street's revenue estimates five times over the last two years. Looking at Leggett & Platt's peers in the consumer discretionary segment, some have already reported their Q3 results, giving us a hint as to what Show less Read more
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