Exploring Leggett & Platt's Earnings Expectations

Leggett & Platt 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:

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.