LeGrand (LGRDY) Projected to Post Earnings on Wednesday

LeGrand (OTCMKTS:LGRDY - Get Free Report) is projected to release its earnings data before the market opens on Wednesday, July 30th. Analysts expect LeGrand to post earnings of $0.28 per share and revenue of $2.37 billion for the quarter.

LeGrand (OTCMKTS:LGRDY - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The company reported $0.23 EPS for the quarter, missing analysts' consensus estimates of $0.25 by ($0.02). The firm had revenue of $2.59 billion for the quarter, compared to analysts' expectations of $2.26 billion. LeGrand had a net margin of 17.18% and a return on equity of 16.09%. On average, analysts expect LeGrand to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

LeGrand Price Performance

LGRDY traded down $0.14 during trading on Friday, reaching $29.37. 69,124 shares of the company were exchanged, compared to its average volume of 332,770. The company's 50-day moving average is $25.86 and its two-hundred day moving average is $23.04. The company has a market cap of $38.77 billion, a price-to-earnings ratio of 30.59, a P/E/G ratio of 5.09 and a beta of 0.82. The company has a quick ratio of 1.45, a current ratio of 1.94 and a debt-to-equity ratio of 0.63. LeGrand has a 12-month low of $18.85 and a 12-month high of $29.56.

LeGrand Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, June 17th. Investors of record on Thursday, May 29th were issued a dividend of $0.3264 per share. The ex-dividend date was Wednesday, May 28th. This represents a yield of 1.34%. LeGrand's dividend payout ratio (DPR) is 31.25%.

Wall Street Analyst Weigh In

Separately, Morgan Stanley reissued an "overweight" rating on shares of LeGrand in a report on Tuesday, July 1st.

LeGrand Company Profile

Legrand SA, together with its subsidiaries, manufactures, distributes, and sells electrical and digital building infrastructures in Europe, North and Central America, and internationally. The company offers energy distribution, protection, and management solutions, such as electric vehicle charging, residential and small commercial panels, switchboards and power cabinets, and UPS devices; and wiring devices, connected home and building control solutions, and guestroom solutions, as well as back, junction, DCL, and floor boxes.