Leucadia National Corporation (LUK) Scheduled to Post Earnings on Tuesday
Leucadia National Corporation (NYSE:LUK) will be releasing its earnings data before the market opens on Tuesday, October 31st. Analysts expect Leucadia National Corporation to post earnings of $0.26 per share for the quarter.
Leucadia National Corporation (NYSE:LUK) last released its quarterly earnings data on Thursday, July 27th. The conglomerate reported $0.16 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.30 by ($0.14). The company had revenue of $2.73 billion for the quarter, compared to analysts’ expectations of $2.65 billion. Leucadia National Corporation had a net margin of 5.94% and a return on equity of 6.27%. The business’s quarterly revenue was up 4.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.15 EPS. On average, analysts expect Leucadia National Corporation to post $1.31 EPS for the current fiscal year and $1.52 EPS for the next fiscal year.
Leucadia National Corporation (NYSE:LUK) opened at 25.55 on Tuesday. The stock has a market cap of $9.16 billion, a price-to-earnings ratio of 15.15 and a beta of 1.27. Leucadia National Corporation has a 1-year low of $17.87 and a 1-year high of $27.33. The firm’s 50 day moving average price is $24.54 and its 200-day moving average price is $25.24.
The firm also recently announced a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Monday, September 18th were paid a dividend of $0.10 per share. This is an increase from Leucadia National Corporation’s previous quarterly dividend of $0.06. The ex-dividend date was Friday, September 15th. This represents a $0.40 annualized dividend and a dividend yield of 1.57%. Leucadia National Corporation’s dividend payout ratio is 23.67%.
Several equities research analysts have recently weighed in on LUK shares. BidaskClub downgraded shares of Leucadia National Corporation from a “hold” rating to a “sell” rating in a research note on Wednesday, August 2nd. Zacks Investment Research upgraded shares of Leucadia National Corporation from a “hold” rating to a “buy” rating and set a $28.00 target price for the company in a research note on Tuesday, October 10th.
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About Leucadia National Corporation
Leucadia National Corporation (Leucadia) is a diversified holding company focused on return on investment and long-term value. The Company’s segments, based on requirements are Jefferies, National Beef, and Corporate and other. Jefferies is a global full-service, integrated securities and investment banking firm.
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