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Leggett & Platt Inc reports results for the quarter ended June 30 - Earnings Summary

Leggett & Platt Inc LEG.N reported quarterly adjusted earnings of 30 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 29 cents.  The mean expectation of four analysts for the quarter was for earnings of 31 cents per share. Wall Street expected results to range from 26 cents to 34 cents per share.

Revenue fell 6.3% to $1.06 billion from a year ago; analysts expected $1.06 billion.

Leggett & Platt Inc's reported EPS for the quarter was 38 cents​.

The company reported quarterly net income of $52.5 million.

Leggett & Platt Inc shares had risen by 8.3% this quarter and gained 0.6% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 2.5% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the home furnishings peer group is  "buy."

Wall Street's median 12-month price target for Leggett & Platt Inc is $10.00, about 4.5% above its last closing price of $9.55

This summary was machine generated from LSEG data July 31 at 09:46 p.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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20250.310.30Missed
Mar. 31 20250.220.24Beat
Dec. 31 20240.200.21Beat
Sep. 30 20240.330.32Missed

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