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Legget & Platt (LEG) Reports Q1 Earnings: What Key Metrics Have to Say
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Legget & Platt (LEG - Free Report) reported $918.2 million in revenue for the quarter ended March 2026, representing a year-over-year decline of 10.2%. EPS of $0.15 for the same period compares to $0.24 a year ago.
The reported revenue represents a surprise of -2.66% over the Zacks Consensus Estimate of $943.27 million. With the consensus EPS estimate being $0.26, the EPS surprise was -42.31%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Legget & Platt performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Trade sales- Furniture, Flooring and Textile Products: $309.2 million versus $328.53 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -6.7% change.
Trade sales- Specialized Products: $244.1 million compared to the $245.86 million average estimate based on three analysts. The reported number represents a change of -18.7% year over year.
Trade sales- Bedding Products: $364.9 million versus $368.89 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -6.6% change.
EBIT- Bedding Products: $25.7 million versus $19.55 million estimated by two analysts on average.
EBIT- Furniture, Flooring and Textile Products: $4.4 million versus the two-analyst average estimate of $19.95 million.
EBIT- Specialized Products: $17.7 million versus the two-analyst average estimate of $20.56 million.
Shares of Legget & Platt have returned +14.3% over the past month versus the Zacks S&P 500 composite's +11.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Legget & Platt (LEG) Reports Q1 Earnings: What Key Metrics Have to Say
Legget & Platt (LEG - Free Report) reported $918.2 million in revenue for the quarter ended March 2026, representing a year-over-year decline of 10.2%. EPS of $0.15 for the same period compares to $0.24 a year ago.
The reported revenue represents a surprise of -2.66% over the Zacks Consensus Estimate of $943.27 million. With the consensus EPS estimate being $0.26, the EPS surprise was -42.31%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Legget & Platt performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Legget & Platt here>>>
Shares of Legget & Platt have returned +14.3% over the past month versus the Zacks S&P 500 composite's +11.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.