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

Leggett & Platt

01/05/2023 23:10

* Leggett & Platt Inc  LEG.N  reported quarterly adjusted
earnings
of 39 cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for earnings of
26 cents per share.
    * Revenue fell 8.2% to $1.21 billion from a year ago;
analysts
expected $1.19 billion. 
    * Leggett & Platt Inc's reported EPS for the quarter was 39
cents​.
    * The mean earnings estimate of analysts had fallen by
about 48%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Leggett & Platt Inc shares had risen by 1.3% this
quarter and
gained 0.2% so far this year.
    * The company reported quarterly net income of $53.5
million.
    * Wall Street's median 12-month price target for Leggett &
Platt
Inc is $34.00 
    * 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 May
1 at 10:10 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      0.70           0.70           Met