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Recap: Leggett & Platt Q3 Earnings


Benzinga | Nov 2, 2020 04:32PM EST

Recap: Leggett & Platt Q3 Earnings

Shares of Leggett & Platt (NYSE:LEG) fell 2.37% in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share increased 5.26% over the past year to $0.80, which beat the estimate of $0.71.

Revenue of $1,208,000,000 declined by 2.50% year over year, which missed the estimate of $1,270,000,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Recent Stock Performance

Company's 52-week high was at $55.42

Company's 52-week low was at $22.03

Price action over last quarter: Up 14.59%

Company Description

Leggett & Platt designs and produces engineered components and products found in homes, offices, retail stores, automobiles, and commercial aircraft. It operates its business through four segments: residential products, furniture products, industrial products, and specialized products. Its products include components and machinery, steel infrastructure, furniture and components, and various other products. The company operates all around the world, with the residential products and specialized products segments contributing heavily to the company's revenue.






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