Fiscal Year Earnings Estimate on Leggett & Platt, Incorporated(LEG)

Leggett & Platt, Incorporated(LEG): For the most recent quarter end, Leggett & Platt, Incorporated reported Annual Earnings of $0.53. Based on the filings, last years Annual Earnings was, $2.49. For the most recent quarter end, LEG reported a surprise Earnings per Share of -8.62% . The consensus estimate for current quarter is $0.61 and for the current fiscal year, the estimate is $2.63. For the Next fiscal year, the estimate is $2.82 based on the consensus. Carthage based Leggett & Platt, Incorporated Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on Apr 27, 2017.

Leggett & Platt, Incorporated has received $0.61 as the consensus Earnings Estimate for the Quarter ending on Mar 2017 ,According to the estimate provided by 3 Financial Advisor in the Stock Trading Firms. Among 3 Analysts, Bottom line EPS Estimate for the current quarter is $0.58 while the top line estimate is $0.67 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at -2.65%. Leggett & Platt, Incorporated results fell short with a surprise EPS of -8.62% or $-0.05. The Actual EPS was $0.53 compared to the Estimated EPS of $0.58 during its most recent quarterly earnings. According to the corporate earnings calendar, Leggett & Platt, Incorporated will release next earnings on Apr 27, 2017 with an estimated EPS consensus of $0.61. Based on the consensus of stock financial advisors the stock has a price target of $51. Current year estimate on EPS consensus is $2.63.

Leggett & Platt, Incorporated has a Price to Earnings ratio of 19.71 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 6. For the Most Recent Fiscal Year, Leggett & Platt, Incorporated has a price to cash ratio of 17.81. For the Trailing twelve month period, company showed a Net Profit Margin of 10.29% and Return on Equity of the stock is 32.02%.

Leggett & Platt, Incorporated last declared its Dividend on Dec 13, 2016. For Dividend Investing Stock Market Traders Leggett & Platt, Incorporated has a Dividend Yield of 2.77% with an Annual Dividend of $1.36. It has a Payout Ratio of 0.55 and the change in Dividend payout ratio is -0.16.

Leggett & Platt Last issued its quarterly earnings results on Jan 30, 2017. The company reported $0.53 EPS for the quarter, missing the analyst consensus estimate by $ -0.05. Analyst had a consensus of $0.58. The company had revenue of $903.70 million for the quarter, compared to analysts expectations of $921.94 million. The companys revenue was down -4.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.64 EPS.

Company has reported several Insider transactions to the SEC, on Feb 9, 2017, Matthew C Flanigan (Executive Vice President – CFO) sold 25,000 shares at 48.61 per share price.On Feb 9, 2017, Karl G Glassman (President and CEO) sold 75,388 shares at 48.61 per share price.On Feb 8, 2017, David M Desonier (SVP – Strategy and IR) sold 6,490 shares at 48.69 per share price.

Leggett & Platt, Incorporated (NYSE:LEG) witnessed a decline in the market cap on Wednesday as its shares dropped 0.16% or 0.08 points. After the session commenced at $49.2, the stock reached the higher end at $49.39 while it hit a low of $48.87. With the volume soaring to 1,039,250 shares, the last trade was called at $48.99. The company has a 52-week high of $54.625. The company has a market cap of $6,540 million and there are 133,500,000 shares in outstanding. The 52-week low of the share price is $43.72.

Leggett & Platt, Inc. is one of the leading manufacturers of engineered products serving several major markets. Sales and production are focused on residential furnishings, commercial furnishings, aluminum products, industrial materials, and specialized products. The company has facilities throughout North America and in numerous international locations. (Company Press Release)


Add Comment