Legget & Platt (LEG) Q2 Earnings Match Estimates

Legget & Platt (LEG) came out with quarterly earnings of $0.29 per share, in line with the Zacks Consensus Estimate. This compares to earnings of$0.38 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this engineered component manufacturer would post earnings of $0.25 per share when it actually produced earnings of$0.23, delivering a surprise of -8%. Over the last four quarters, the company has not been able to surpass consensus EPS estimates. Le ...