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

Leggett & Platt

30/10/2023 22:42

* Leggett & Platt Inc  LEG.N  reported quarterly adjusted
earnings
of 36 cents​​ per share for the quarter ended in September. The
mean expectation of four analysts for the quarter was
for earnings of 40 cents per share.
    * Revenue fell 9.2% to $1.18 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 11.7%
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 fallen by 8.8% this
quarter and
lost 28.1% so far this year.
    * The company reported quarterly net income of $52.8
million.
    * Wall Street's median 12-month price target for Leggett &
Platt
Inc is $26.00 
    * 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
October 30 at 10:41 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.40           0.36           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