Leggett & Platt Incorporated logo

Leggett & Platt IncorporatedNYSE: LEG

Profile

Country:

United States

IPO:

17 March 1980

Next earnings report:

07 February 2025

Last dividends:

13 September 2024

Next dividends:

N/A
$1.65 B
-74%vs. 3y high
58%vs. sector
-vs. 3y high
-vs. sector
-45%vs. 3y high
65%vs. sector
-71%vs. 3y high
26%vs. sector

Price

after hours | Fri, 01 Nov 2024 22:00:06 GMT
$12.27+$0.27(+2.25%)
$1.10 B$1.03 B
$1.10 B$44.90 M

Analysts recommendations

Institutional Ownership

LEG Latest News

Why Leggett & Platt Stock Zoomed 4% Higher Today
fool.com29 October 2024 Sentiment: POSITIVE

We might see a slimmed-down company in the near future.

Leggett Misses Q3 Earnings & Sales Estimates, Lowers '24 Guidance
zacks.com29 October 2024 Sentiment: NEGATIVE

LEG's third-quarter 2024 results reflect soft demand trends in residential end markets and headwinds due to ongoing economic challenges.

Leggett & Platt, Incorporated (LEG) Q3 2024 Earnings Call Transcript
seekingalpha.com29 October 2024 Sentiment: NEUTRAL

Leggett & Platt, Incorporated (NYSE:LEG ) Q3 2024 Earnings Conference Call October 29, 2024 8:30 AM ET Company Participants Cassie Branscum - Vice President, Investor Relations Karl Glassman - Chief Executive Officer Ben Burns - Chief Financial Officer Tyson Hagale - President, Bedding Products Sam Smith - President, Furniture, Flooring & Textile Products Conference Call Participants Susan Maklari - Goldman Sachs Bobby Griffin - Raymond James Peter Keith - Piper Sandler Judy Merrick - Truist Securities Operator Greetings and welcome to the Leggett & Platt Third Quarter 2024 Webcast and Earnings Conference Call. At this time, all participants are in a listen-only mode.

Legget & Platt (LEG) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
zacks.com28 October 2024 Sentiment: POSITIVE

While the top- and bottom-line numbers for Legget & Platt (LEG) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Legget & Platt (LEG) Lags Q3 Earnings and Revenue Estimates
zacks.com28 October 2024 Sentiment: NEUTRAL

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.

LEGGETT & PLATT REPORTS 3Q RESULTS
prnewswire.com28 October 2024 Sentiment: NEGATIVE

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 restructuring and operating efficiency improvement initiatives, although demand headwinds were more challenging than anticipated in the third quarter.

2 Fallen Former Dividend Kings For A Small Cap Recovery Trade
seekingalpha.com09 August 2024 Sentiment: POSITIVE

Small caps that were once large are optimal in this environment for a small cap trade in my opinion. Despite challenges, some companies like Leggett & Platt and VF Corporation are working on turnaround stories and are cutting costs while reducing debt. Debt burdens are a concern, but rate cuts may provide some assistance in navigating small cap purgatory.

LEGGETT & PLATT ANNOUNCES QUARTERLY DIVIDEND OF $.05
prnewswire.com07 August 2024 Sentiment: POSITIVE

CARTHAGE, Mo. , Aug. 7, 2024 /PRNewswire/ -- Leggett & Platt's Board of Directors declared a dividend of $.05 per share for the third quarter 2024.

Leggett & Platt: True Earning Power Could Have Been Overestimated
seekingalpha.com06 August 2024 Sentiment: NEUTRAL

Leggett & Platt's gross profit margin has been shrinking for the past eight years, which has offset any growth in sales during that time frame. The true earning power of LEG may have been overestimated due to acquisition costs, which are not included in net income. A more protective stance on foreign imports after the U.S. elections could benefit LEG in the mid-term.

Leggett (LEG) Q2 Earnings Meet, Sales Miss, 2024 View Down
zacks.com02 August 2024 Sentiment: NEGATIVE

Leggett's (LEG) second-quarter results reflect slow demand in most of the markets served.

What type of business is Leggett & Platt Incorporated?

Leggett & Platt, Inc. develops, designs, and manufactures a wide range of engineering components and products that can be found in many homes and vehicles. The Company's operations are divided into 15 business units, which are further categorized into 10 groups across four segments: residential products, industrial products, furniture products, and specialized products. The company was founded in Carthage, Missouri, in 1883 and was incorporated in 1901. Today, the Corporation supplies various components and mechanisms used by bedding manufacturers in the production and assembly of their finished products, as well as producing finished mattresses under its own brand for bedding brands and retailers. The company also manufactures and distributes bed foundations for solid surfaces, fabrics, and geo-components.

What sector is Leggett & Platt Incorporated in?

Leggett & Platt Incorporated is in the Consumer Cyclical sector

What industry is Leggett & Platt Incorporated in?

Leggett & Platt Incorporated is in the Furnishings, Fixtures & Appliances industry

What country is Leggett & Platt Incorporated from?

Leggett & Platt Incorporated is headquartered in United States

When did Leggett & Platt Incorporated go public?

Leggett & Platt Incorporated initial public offering (IPO) was on 17 March 1980

What is Leggett & Platt Incorporated website?

https://www.leggett.com

Is Leggett & Platt Incorporated in the S&P 500?

No, Leggett & Platt Incorporated is not included in the S&P 500 index

Is Leggett & Platt Incorporated in the NASDAQ 100?

No, Leggett & Platt Incorporated is not included in the NASDAQ 100 index

Is Leggett & Platt Incorporated in the Dow Jones?

No, Leggett & Platt Incorporated is not included in the Dow Jones index

When was Leggett & Platt Incorporated the previous earnings report?

No data

When does Leggett & Platt Incorporated earnings report?

The next expected earnings date for Leggett & Platt Incorporated is 07 February 2025