Leggett & Platt Inc reports results for the quarter ended in December - Earnings Summary

Leggett & Platt

06/02/2023 22:47

* Leggett & Platt Inc  LEG.N  reported quarterly adjusted
earnings
of 39 cents​​ per share for the quarter ended in December. The
mean expectation of four analysts for the quarter was
for earnings of 48 cents per share.
    * Revenue fell 10.3% to $1.20 billion from a year ago;
analysts
expected $1.24 billion. 
    * Leggett & Platt Inc's reported EPS for the quarter was 39
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.5%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Leggett & Platt Inc shares had risen by 15.5% this
quarter.
    * The company reported quarterly net income of $52.8
million.
    * Wall Street's median 12-month price target for Leggett &
Platt
Inc is $35.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
6 at 10:47 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.48           0.39           Missed
 Sep. 30 2022      0.50           0.52           Beat
 Jun. 30 2022      0.70           0.70           Met
 Mar. 31 2022      0.56           0.66           Beat