Leggett & Platt (LEG) - Get Leggett & Platt, Incorporated Report is expected to report adjusted net income of $85.3 million, or 63 cents a share, on sales of $1.3 billion after the market closes on Monday, based on a FactSet survey of 5 analysts.
In the same period a year ago, the company posted earnings of 63 cents a share on sales of $1.1 billion. It reported net income of $77.9 million.
The stock has fallen 5.2% since the company last reported earnings on Apr. 29.
Quarterly estimates have fallen less than 1 cent a share in the past month.
Leggett & Platt is currently trading at a price-to-forward-earnings ratio of 15.1 based on the 12-month estimates of 6 analysts surveyed by FactSet.
In the upcoming quarter analysts are forecasting adjusted net income of $93 million, or 69 cents a share, on sales of $1.3 billion.
Introducing TheStreet Courses: Financial titans Jim Cramer and Robert Powell are bringing their market savvy and investing strategies to you. Learn how to create tax-efficient income, avoid top mistakes, reduce risk and more. With our courses, you will have the tools and knowledge needed to achieve your financial goals. Learn more about TheStreet Courses on investing and personal finance here.