Legget & Platt (LEG) Lags Q3 Earnings Estimates

Group 1: Earnings Performance - Legget & Platt reported quarterly earnings of $0.29 per share, missing the Zacks Consensus Estimate of $0.30 per share, and down from $0.32 per share a year ago, representing an earnings surprise of -3.33% [1] - The company posted revenues of $1.04 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 1.18%, but down from $1.1 billion year-over-year [2] Group 2: Market Performance - Legget & Platt shares have lost about 5% since the beginning of the year, while the S&P 500 has gained 15.5% [3] - The current status of estimate revisions translates into a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market in the near future [6] Group 3: Future Outlook - The current consensus EPS estimate for the coming quarter is $0.21 on revenues of $989.11 million, and $1.05 on revenues of $4.09 billion for the current fiscal year [7] - The outlook for the industry can significantly impact the stock's performance, with the Furniture industry currently in the bottom 35% of Zacks industries [8]