Leggett & Platt Inc reports results for the quarter ended in September 30 - Earnings Summary
29/10/2024 11:26
* Leggett & Platt Inc LEG.N reported quarterly adjusted
earnings
of 32 cents per share for the quarter ended September 30,
lower than the same quarter last year, when the company reported
EPS of 36 cents. The mean expectation of four analysts for the
quarter was for earnings of 33 cents per share. Wall Street
expected results to range from 32 cents to 34 cents per share.
* Revenue fell 6.3% to $1.10 billion from a year ago;
analysts
expected $1.11 billion.
* Leggett & Platt Inc's reported EPS for the quarter was 33
cents.
* The company reported quarterly net income of $44.9
million.
* Leggett & Platt Inc shares had fallen by 10.6% this
quarter and
lost 53.5% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by
about 2.3%
in the last three months.
* In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.
RECOMMENDATIONS
* 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."
* The average consensus recommendation for the home
furnishings
peer group is also "hold"
Wall Street's median 12-month price target for Leggett & Platt
Inc is 13.00
This summary was machine generated from LSEG data October 29 at
11:26 a.m. UTC. All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 0.33 0.32 Missed
Mar. 31 2024 0.30 0.29 Missed
Mar. 31 2024 0.24 0.23 Missed
Dec. 31 2023 0.27 0.26 Missed