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

Leggett & Platt

31/07/2023 23:10

* Leggett & Platt Inc  LEG.N  reported quarterly adjusted
earnings
of 38 cents​​ per share for the quarter ended in June. The mean
expectation of four analysts for the quarter was for earnings of
39 cents per share.
    * Revenue fell 8.5% to $1.22 billion from a year ago;
analysts
expected $1.24 billion. 
    * Leggett & Platt Inc's reported EPS for the quarter was 40
cents​.
    * The mean earnings estimate of analysts had fallen by
about 9.2%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Leggett & Platt Inc shares had fallen by 0.3% this
quarter and
lost 8.3% so far this year.
    * The company reported quarterly net income of $54.2
million.
    * Wall Street's median 12-month price target for Leggett &
Platt
Inc is $32.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
31 at 10:10 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.39           0.38           Missed
 Mar. 31 2023      0.26           0.39           Beat
 Dec. 31 2022      0.48           0.39           Missed
 Sep. 30 2022      0.50           0.52           Beat