Exploring Leggett & Platt's Earnings Expectations
Portfolio Pulse from Benzinga Insights
Leggett & Platt (NYSE:LEG) is set to release its quarterly earnings report on October 28, 2024. Analysts expect an EPS of $0.33. The company's past performance shows mixed results, with a recent trend of missing estimates. Shares are down 47.98% over the past year.
October 25, 2024 | 3:03 pm
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Leggett & Platt is expected to announce its quarterly earnings with an anticipated EPS of $0.33. The company's recent trend of missing estimates and a significant drop in share price over the past year could influence investor sentiment.
The upcoming earnings report is crucial for Leggett & Platt as it could influence short-term stock price movements. The market is focused on whether the company will meet or exceed the EPS estimate of $0.33. Past performance shows a pattern of missing estimates, which has negatively impacted the stock price. However, any positive surprise or strong guidance could lead to a favorable market reaction.
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