Leggett&Platt earnings beat, Revenue misses in Q3

  • Investing.com
Leggett&Platt earnings beat, Revenue misses in Q3
Credit: © Reuters.

Investing.com - Leggett&Platt reported on Monday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.

Leggett&Platt announced earnings per share of $0.8 on revenue of $1.21B. Analysts polled by Investing.com anticipated EPS of $0.71 on revenue of $1.27B.

Leggett&Platt shares are down 14% from the beginning of the year and are trading at $43.57 , down-from-52-week-high.They are under-performing the S&P 500 which is up 2.44% year to date.

Leggett&Platt follows other major Consumer Cyclical sector earnings this month

Leggett&Platt's report follows an earnings beat by Tesla on Wednesday, October 21, 2020, who reported EPS of $0.76 on revenue of $8.77B, compared to forecasts EPS of $0.57 on revenue of $8,435M.

Sony ADR had beat expectations on Wednesday with second quarter EPS of $3.53 on revenue of $20.26B, compared to forecast for EPS of $0.96 on revenue of $18.44B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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