30.04.2024 22:21:54 - dpa-AFX: Leggett & Platt Inc. Reveals Decline In Q1 Bottom Line, misses estimates

WASHINGTON (dpa-AFX) - Leggett & Platt Inc. (LEG) reported a profit for
first quarter that decreased from last year and missed the Street estimates.

The company's earnings totaled $31.6 million, or $0.23 per share. This compares with $53.5 million, or $0.39 per share, in last year's first quarter.

Analysts on average had expected the company to earn $0.24 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 9.1% to $1.10 billion from $1.21
billion last year.

Leggett & Platt Inc. earnings at a glance (GAAP) :

-Earnings (Q1): $31.6 Mln. vs. $53.5 Mln. last year.
-EPS (Q1): $0.23 vs. $0.39 last year.
-Revenue (Q1): $1.10 Bln vs. $1.21 Bln last year.

-Guidance:
Full year EPS guidance: $1.05 - $1.35
Full year revenue guidance: $4.35 - $4.65 Bln


Copyright(c) 2024 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
Leggett & Platt 883524 NYSE 11,600 31.05.24 03:00:15 +0,580 +5,26% 11,640 11,800 11,080 11,600

© 2000-2024 DZ BANK AG. Bitte beachten Sie die Nutzungsbedingungen | Impressum
2024 Infront Financial Technology GmbH