Leggett & Platt's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Leggett & Platt (NYSE:LEG) is set to release its latest quarterly earnings report on Monday, 2023-07-31. Analysts estimate an earnings per share (EPS) of $0.39. The company's past performance shows a pattern of beating EPS estimates, which often leads to an increase in share price. However, the stock has been down 24.7% over the last 52-week period.
July 28, 2023 | 4:01 pm
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Leggett & Platt is expected to report an EPS of $0.39 in its upcoming earnings. The company's history of beating EPS estimates could potentially lead to a short-term increase in share price.
The company has a history of beating EPS estimates, which often leads to an increase in share price. However, the overall stock performance has been negative over the past year, which could potentially dampen the impact of a positive earnings report.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100