Unpacking Q4 Earnings: Leggett & Platt (NYSE:LEG) In The Context Of Other Home Furnishings Stocks [Yahoo! Finance]
Leggett & Platt, Incorporated (LEG)
Last leggett & platt, incorporated earnings: 2/3 04:20 pm
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Source: Yahoo! Finance
Today we are looking at Leggett & Platt (NYSE:LEG) and the best and worst performers in the home furnishings industry. A healthy housing market is good for furniture demand as more consumers are buying, renting, moving, and renovating. On the other hand, periods of economic weakness or high interest rates discourage home sales and can squelch demand. In addition, home furnishing companies must contend with shifting consumer preferences such as the growing propensity to buy goods online, including big things like mattresses and sofas that were once thought to be immune from e-commerce competition. The 5 home furnishings stocks we track reported a weak Q4; on average, revenues missed analyst consensus estimates by 1.5%. while next quarter's revenue guidance was 11.4% below consensus. Inflation progressed towards the Fed's 2% goal at the end of 2023, leading to strong stock market performance. The start of 2024 has been a bumpier ride, as the market switches between optimism and pess
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News
- Gear Up for Legget & Platt (LEG) Q1 Earnings: Wall Street Estimates for Key Metrics [Yahoo! Finance]Yahoo! Finance
- Leggett & Platt Earnings: What To Look For From LEG [Yahoo! Finance]Yahoo! Finance
- Legget & Platt (LEG) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release [Yahoo! Finance]Yahoo! Finance
- JR AUTOMATION ANNOUNCES NEW ADDITIONS TO THE LEADERSHIP TEAM [Yahoo! Finance]Yahoo! Finance
- Dividend King On A Tightrope: Leggett & Platt's Fight To Maintain Its Status [Seeking Alpha]Seeking Alpha
LEG
Earnings
- 2/8/24 - In-Line
LEG
Analyst Actions
- 3/12/24 - TheStreet
LEG
Sec Filings
- 4/22/24 - Form 4
- 4/22/24 - Form 4
- 4/22/24 - Form 4
- LEG's page on the SEC website