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Stock impact report

Leggett & Platt (NYSE:LEG) Misses Q1 Revenue Estimates, Stock Drops [Yahoo! Finance]

Leggett & Platt, Incorporated (LEG) 
Last leggett & platt, incorporated earnings: 2/3 04:20 pm Check Earnings Report
US:NYSE Investor Relations: leggett.com
Company Research Source: Yahoo! Finance
On the other hand, the company's outlook for the full year was close to analysts' estimates with revenue guided to $4.5 billion at the midpoint. It made a non-GAAP profit of $0.23 per share, down from its profit of $0.39 per share in the same quarter last year. Is now the time to buy Leggett & Platt? Find out in our full research report Leggett & Platt (LEG) Q1 CY2024 Highlights: Revenue: $1.10 billion vs analyst estimates of $1.12 billion (2% miss) EPS (non-GAAP): $0.23 vs analyst expectations of $0.24 (4.6% miss) The company reconfirmed its revenue guidance for the full year of $4.5 billion at the midpoint Gross Margin (GAAP): 17%, down from 18% in the same quarter last year Free Cash Flow was -$32 million, down from $122.7 million in the previous quarter Market Capitalization: $2.45 billion President and CEO Mitch Dolloff commented, "First quarter results were in line with our expectations and our full year sales and EPS guidance range remain unchanged. We are mak Show less Read more
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