Investing.com - Leggett&Platt reported on Monday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Leggett&Platt announced earnings per share of $0.64 on revenue of $1.15B. Analysts polled by Investing.com anticipated EPS of $0.425 on revenue of $1.14B.
Leggett&Platt shares are up 14% from the beginning of the year, still down 1.26% from its 52 week high of $51.56 set on April 29. They are outperforming the S&P 500 which is up 11.66% from the start of the year.
Leggett&Platt follows other major Consumer Cyclical sector earnings this month
Leggett&Platt's report follows an earnings beat by Tesla on April 26, who reported EPS of $0.93 on revenue of $10.39B, compared to forecasts EPS of $0.7651 on revenue of $10.48B.
Sony ADR had beat expectations on Wednesday with fourth quarter EPS of $0.7932 on revenue of $20.38B, compared to forecast for EPS of $0.354 on revenue of $19.6B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar