Legget & Platt (LEG) reported $1.1 billion in revenue for the quarter ended September 2024, representing a year-over-year decline of 6.3%. EPS of $0.32 for the same period compares to $0.36 a year ago. The reported revenue represents a surprise of -0.39% over the Zacks Consensus Estimate of $1.11 billion. With the consensus EPS estimate being $0.33, the EPS surprise was -3.03%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determ ...

Legget & Platt (LEG) came out with quarterly earnings of $0.32 per share, missing the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.36 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -3.03%. A quarter ago, it was expected that this engineered component manufacturer would post earnings of $0.29 per share when it actually produced earnings of $0.29, delivering no surprise. Over the last four quart ...

Exhibit 99.1 LOGO LOGO FOR IMMEDIATE RELEASE: OCTOBER 28, 2024 LEGGETT & PLATT REPORTS 3Q RESULTS Carthage, MO, October 28, 2024 --- • 3Q sales of $1.1 billion, a 6% decrease vs 3Q23 • 3Q EPS of $.33; 3Q adjusted1 EPS of $.32, a $.04 decrease vs adjusted1 3Q23 EPS • 2024 EPS guidance is ($3.56)–($3.71), including impact of non-cash goodwill impairment charge, restructuring charges, real estate gains, and certain other costs • 2024 guidance lowered: adjusted1 EPS of $1.00–$1.10, sales of $4.3–$4.4 billion Pr ...

CARTHAGE, Mo., Oct. 28, 2024 /PRNewswire/ -- 3Q sales of $1.1 billion, a 6% decrease vs 3Q23 3Q EPS of $.33; 3Q adjusted1 EPS of $.32, a $.04 decrease vs adjusted1 3Q23 EPS 2024 EPS guidance is ($3.56)–($3.71), including impact of non-cash goodwill impairment charge, restructuring charges, real estate gains, and certain other costs 2024 guidance lowered: adjusted1 EPS of $1.00–$1.10, sales of $4.3–$4.4 billion President and CEO Karl Glassman commented, "We continued to make solid progress on our restructuri ...

peepo/E+ via Getty Images Small Caps that used to be large Data by YCharts As mentioned in my previous article on Lumen Technologies (LUMN), I adore taking shots on stocks that are -70 to -90% off their all-time highs as long as the revenue story hasn't changed a whole lot. These types of companies normally drop by such a devastating amount due to a few factors. 1. A dividend cut 2. Earnings or free cash flow going negative 3. A debt crisis followed by credit downgrades My criteria are fairly simple in thes ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-07845 LEGGETT & PLATT, INCORPORATED (Exact name of registrant as specified in its charter) Missouri 44-0324630 (State or other j ...

CARTHAGE, Mo., Aug. 7, 2024 /PRNewswire/ -- Leggett & Platt's Board of Directors declared a dividend of $.05 per share for the third quarter 2024. The dividend will be paid on October 15, 2024 to shareholders of record on September 13, 2024. FOR MORE INFORMATION: Visit Leggett's website at www.leggett.com. COMPANY DESCRIPTION: Leggett & Platt (NYSE: LEG) is a diversified manufacturer that designs and produces a broad variety of engineered components and products that can be found in many homes and automobil ...

Editor's note: Seeking Alpha is proud to welcome Gabriel Zimmerman as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access. Click here to find out more » Bet_Noire/iStock via Getty Images Investment Thesis After the stock lost about 80% in recent years, Leggett & Platt (NYSE:LEG) caught my attention. Prior to 2023, LEG consistently reported EPS of about $2 or ...

Leggett & Platt, Incorporated (LEG) reported lackluster results for second-quarter 2024. Earnings matched the analysts' expectation while net sales missed the same. The metrics declined on a year-over-year basis due to persistent weak demand in most of the end markets served. Following the results, the stock plunged 1.2% in the after-hour trading session on Aug 1. For the full year, LEG lowered sales guidance and narrowed adjusted EPS guidance. The company noted that demand in the residential end markets re ...

Leggett & Platt, Incorporated (NYSE:LEG) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Cassie Branscum - Vice President, Investor Relations Karl Glassman - President and Chief Executive Officer Benjamin Burns - Executive Vice President and Chief Financial Officer Tyson Hagale - Executive Vice President, President, Bedding Products Samuel Smith - Senior Vice President, President, Furniture, Flooring & Textile Products Conference Call Participants Susan Maklari - Goldman Sach ...