Leggett & Platt Sees FY24 Adj. EPS $1.10-$1.25 Vs $1.11 Est.; Sales $4.3B-$4.5B Vs $4.424B Est.
Portfolio Pulse from Benzinga Newsdesk
Leggett & Platt has provided its financial guidance for FY24, projecting adjusted EPS between $1.10 and $1.25, compared to the estimated $1.11. The company also expects sales to range from $4.3 billion to $4.5 billion, against the estimated $4.424 billion.
August 01, 2024 | 8:40 pm
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Leggett & Platt has provided its FY24 financial guidance, with adjusted EPS expected to be between $1.10 and $1.25, compared to the estimated $1.11. Sales are projected to be between $4.3 billion and $4.5 billion, against the estimated $4.424 billion.
The guidance provided by Leggett & Platt is slightly above the market estimates for both EPS and sales. This positive outlook is likely to have a favorable impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100