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Leggett & Platt Expected to Earn 63 Cents a Share

Leggett & Platt  (LEG) 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.