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LEGBearishEarningsnews
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Legget & Platt (LEG) Reports Q1 Earnings: What Key Metrics Have to Say

Apr 30, 2024, 8:12 PM EDT1 sourcesAI-analyzed

AI summary

What happened, with direct paths to the underlying reporting

- LEG reported $1.1 billion in revenue, a 9.6% decrease YoY. - EPS was $0.23, down from $0.39 a year ago. - Revenue surprise of -1.53% and EPS surprise of -8.00% compared to estimates. - Metrics show declines in organic sales and trade sales across various product categories. - LEG stock has returned -3% in the past month with a Zacks Rank #3. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings

  • LEG reported $1.1 billion in revenue, a 9.6% decrease YoY.
  • EPS was $0.23, down from $0.39 a year ago.
  • Revenue surprise of -1.53% and EPS surprise of -8.00% compared to estimates.
  • Metrics show declines in organic sales and trade sales across various product categories.
  • LEG stock has returned -3% in the past month with a Zacks Rank #3.

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