Compared to Estimates, Legget & Platt (LEG) Q2 Earnings: A Look at Key Metrics

Core Insights - Legget & Platt reported revenue of $1.06 billion for the quarter ended June 2025, reflecting a 6.3% decline year-over-year and a surprise of -0.54% compared to the Zacks Consensus Estimate [1] - The company's EPS was $0.30, slightly up from $0.29 in the same quarter last year, resulting in an EPS surprise of +3.45% against the consensus estimate [1] Revenue and Sales Performance - Organic sales for Bedding Products decreased by 11%, worse than the -9.1% estimated by analysts [4] - Organic sales for Specialized Products fell by 5%, compared to the -1.6% average estimate [4] - Organic sales for Furniture, Flooring, and Textile Products declined by 2%, better than the -5.6% average estimate [4] - Overall change in organic sales was -6%, slightly worse than the -5.3% average estimate [4] Trade Sales Analysis - Trade sales for Furniture, Flooring, and Textile Products were reported at $362.5 million, below the $364.82 million average estimate, marking a -2.3% year-over-year change [4] - Trade sales for Specialized Products reached $304.1 million, exceeding the $301.68 million estimate, but still reflecting a -4.9% year-over-year change [4] - Trade sales for Bedding Products were $391.4 million, lower than the $397.2 million estimate, indicating a -10.6% change from the previous year [4] EBIT and Adjusted EBIT Metrics - EBIT for Bedding Products was $27.2 million, significantly higher than the $19.5 million average estimate [4] - EBIT for Specialized Products was $38.7 million, also exceeding the $27.26 million average estimate [4] - Adjusted EBIT for Specialized Products was reported at $37.6 million, above the $32.55 million estimate [4] - Adjusted EBIT for Bedding Products was $12.6 million, surpassing the $10.6 million estimate [4] - Adjusted EBIT for Furniture, Flooring, and Textile Products was $25.3 million, below the $31.6 million average estimate [4] Stock Performance - Legget & Platt's shares have returned -2.7% over the past month, contrasting with the Zacks S&P 500 composite's +2.7% change [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]