Investing.com - Leggett&Platt reported on Monday third quarter earnings that missed analysts' forecasts and revenue that was inline with expectations.
Leggett&Platt announced earnings per share of $0.71 on revenue of $1.32B. Analysts polled by Investing.com anticipated EPS of $0.7675 on revenue of $1.32B.
Leggett&Platt shares are up 8% from the beginning of the year and are trading at $48.10 , down-from-52-week-high.They are under-performing the S&P 500 which is up 22.83% from the start of the year.
Leggett&Platt shares gained 0.10% in after-hours trade the report.
Leggett&Platt follows other major Consumer Cyclical sector earnings this month
Leggett&Platt's report follows an earnings beat by Tesla on Wednesday, October 20, 2021, who reported EPS of $1.86 on revenue of $13.76B, compared to forecasts EPS of $1.62 on revenue of $14B.
Sony ADR had missed expectations on Thursday with second quarter EPS of $1.51 on revenue of $20.78B, compared to forecast for EPS of $1.54 on revenue of $21.01B.
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