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

Leggett & Platt

31/10/2022 21:01

* Leggett & Platt Inc  LEG.N  reported quarterly adjusted
earnings
of 66 cents​​ per share for the quarter ended in September. The
mean expectation of four analysts for the quarter was
for earnings of 50 cents per share.
    * Revenue fell 1.9% to $1.29 billion from a year ago;
analysts
expected $1.23 billion. 
    * Leggett & Platt Inc's reported EPS for the quarter was 66
cents​.
    * The mean earnings estimate of analysts had fallen by
about 29%
in the last three months.​ 
    * In the last 30 days four analysts negatively revised
earnings
estimates 
    * Leggett & Platt Inc shares had risen by 0.6% this
quarter and
lost 18.8% so far this year.
    * The company reported quarterly net income of $71.5
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," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data October
31 at 09:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.50           0.66           Beat
 Jun. 30 2022      0.70           0.70           Met
 Mar. 31 2022      0.56           0.66           Beat
 Dec. 31 2021      0.73           0.77           Beat