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Leggett & Platt Inc reports results for the quarter ended March 31 - Earnings Summary

Leggett & Platt Inc LEG.N reported quarterly adjusted earnings of 24 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 23 cents.  The mean expectation of four analysts for the quarter was for earnings of 22 cents per share. Wall Street expected results to range from 20 cents to 24 cents per share.

Revenue fell 6.8% to $1.02 billion from a year ago; analysts expected $1.02 billion.

Leggett & Platt Inc's reported EPS for the quarter was 22 cents​.

The company reported quarterly net income of $30.6 million.

Leggett & Platt Inc shares had fallen by 7.8% this quarter and lost 24.1% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 6.5% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

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 also "hold"

Wall Street's median 12-month price target for Leggett & Platt Inc is $9.00

This summary was machine generated from LSEG data April 28 at 09:55 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
Mar. 31 20250.220.24Beat
Dec. 31 20240.200.21Beat
Sep. 30 20240.330.32Missed
Jun. 30 20240.300.29Missed

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