| Leggett & Platt Announces Quarterly Dividend and Annual Meeting Results; Two Directors Retire |
CARTHAGE, Mo. , May 7, 2025 /PRNewswire/ -- Board declared second quarter dividend of $.05 per share Annual meeting voting aligned with Board recommendations Manuel Fernandez and Mark Blinn retired from Board Leggett & Platt's Board of Directors declared a dividend of $.05 per share for the second quarter 2025. |
prnewswire.com |
2025-05-07 15:24:00 |
Czytaj oryginał (ang.) |
| Why I'm Not Jumping Into Leggett & Platt After Q1 Earnings |
Leggett & Platt's Q1 earnings showed a positive EPS despite weak sales. But the overall scenario remains complex, requiring cautious optimism. The company's debt is nearly equal to its market cap, emphasizing the need for deleveraging and efficient cash flow management. Valuation remains challenging due to high uncertainty and significant risks, despite potential for attractive returns if the turnaround is successful. |
seekingalpha.com |
2025-04-29 22:26:09 |
Czytaj oryginał (ang.) |
| Leggett's Q1 Earnings Beat Estimates, Revenues Decline Y/Y |
LEG's first-quarter 2025 results reflect soft demand trends in residential end markets and headwinds in Automotive business due to ongoing economic challenges. |
zacks.com |
2025-04-29 18:50:41 |
Czytaj oryginał (ang.) |
| Leggett & Platt, Incorporated (LEG) Q1 2025 Earnings Call Transcript |
Leggett & Platt, Incorporated (NYSE:LEG ) Q1 2025 Earnings Conference Call April 29, 2025 8:30 AM ET Company Participants Cassie Branscum - Vice President of Investor Relations Karl Glassman - Chief Executive Officer Ben Burns - Chief Financial Officer Tyson Hagale - President, Bedding Products Sam Smith - President, Specialized Products and Furniture, Flooring & Textile Products Conference Call Participants Susan Maklari - Goldman Sachs Bobby Griffin - Raymond James Keith Hughes - Truist Securities Peter Keith - Piper Sandler Operator Greetings, and welcome to the Leggett & Platt First Quarter 2025 Webcast and Earnings Conference Call. At this time, all participants are in a listen-only mode. |
seekingalpha.com |
2025-04-29 14:59:07 |
Czytaj oryginał (ang.) |
| Compared to Estimates, Legget & Platt (LEG) Q1 Earnings: A Look at Key Metrics |
The headline numbers for Legget & Platt (LEG) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. |
zacks.com |
2025-04-29 00:30:33 |
Czytaj oryginał (ang.) |
| Legget & Platt (LEG) Surpasses Q1 Earnings Estimates |
Legget & Platt (LEG) came out with quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.23 per share a year ago. |
zacks.com |
2025-04-28 22:31:03 |
Czytaj oryginał (ang.) |
| Leggett & Platt Reports 1Q 2025 Results |
CARTHAGE, Mo. , April 28, 2025 /PRNewswire/ -- 1Q sales of $1.0 billion, a 7% decrease vs 1Q24 1Q EPS of $.22, 1Q adjusted1 EPS of $.24, a $.01 increase vs adjusted1 1Q24 EPS 1Q operating cash flow of $7 million, a $13 million increase vs 1Q24 2025 guidance sales and adjusted EPS unchanged: sales of $4.0–$4.3 billion, EPS of $.85–$1.26; adjusted EPS of $1.00–$1.20 President and CEO Karl Glassman commented, "We are pleased to report better than anticipated first quarter earnings. |
prnewswire.com |
2025-04-28 20:10:00 |
Czytaj oryginał (ang.) |
| Legget & Platt (LEG) Reports Next Week: What Awaits? |
Legget & Platt (LEG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2025-04-21 15:06:07 |
Czytaj oryginał (ang.) |
| Leggett & Platt Announces 1Q 2025 Results |
Carthage, MO, April 15, 2025 (GLOBE NEWSWIRE) -- Leggett & Platt (NYSE:LEG), a diversified manufacturer of engineered products serving several major markets, will release first quarter earnings results on Monday, April 28, 2025 after the market closes, and hold its quarterly conference call to discuss first quarter results, annual guidance, market conditions, company initiatives and related matters on Tuesday, April 29, 2025, at 8:30 a.m. Eastern Time (7:30 a.m. |
globenewswire.com |
2025-04-15 13:00:00 |
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| Leggett & Platt Signs Agreement to Sell its Aerospace Products Group |
CARTHAGE, Mo. , April 2, 2025 /PRNewswire/ -- Leggett & Platt has signed an agreement to sell its Aerospace Products Group to affiliated funds managed by Tinicum Incorporated for a cash purchase price of $285 million before customary working capital and debt-type adjustments. |
prnewswire.com |
2025-04-02 11:37:00 |
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| LEG Immobilien: Recent Correction Creates Buying Opportunity For Long-Term Investors |
LEG Immobilien is an attractive value play in the European real estate sector, particularly in the German residential market, due to its defensive profile and structural demand. Rising long-term interest rates have negatively impacted real estate valuations, creating a buying opportunity for long-term investors as the sector shows signs of recovery. LEG's acquisition of Brack Capital Properties at a significant discount enhances its portfolio and demonstrates management's strategic and financial acumen. |
seekingalpha.com |
2025-03-08 10:00:00 |
Czytaj oryginał (ang.) |
| Buy 3 "Safer" Dividend Kings Of 24 Out Of 52 For February |
Seven of the top-ten Dividend Kings by yield offer annual dividends from a $1K investment exceeding their single share prices, making them attractive buys. Six Dividend Kings, including Altria Group and Hormel Foods, are currently fair-priced, with dividends meeting or exceeding their single-share prices. Analysts predict net gains between 15% and 45.53% for the top-ten Dividend Kings by February 2026, based on target prices. |
seekingalpha.com |
2025-02-27 12:08:06 |
Czytaj oryginał (ang.) |
| Leggett & Platt Announces Quarterly Dividend of $.05 |
CARTHAGE, Mo. , Feb. 26, 2025 /PRNewswire/ -- Leggett & Platt's Board of Directors declared a dividend of $.05 per share for the first quarter 2025. |
prnewswire.com |
2025-02-26 12:41:00 |
Czytaj oryginał (ang.) |
| Why Dividends Matter, Even The Little Ones |
Dividends provide a reliable income stream, especially during tough economic times, alleviating financial pressure without the need to sell shares. Persistent inflation makes dividend income increasingly valuable, as it offers stability when market returns are volatile or negative. Investing in well-established, high-yield dividend companies with strong cash flows can ensure a steady income and reduce financial stress. |
seekingalpha.com |
2025-02-21 08:22:00 |
Czytaj oryginał (ang.) |
| Leggett & Platt: Financial Improvements, New Cash Coming, And Quite Cheap |
Leggett & Platt appears undervalued, trading at 9.8x GAAP FWD earnings and 6.7x 2029 EPS, making it a potential buy. Significant reorganization efforts, including Hydraulic Cylinders and G&A initiatives, are expected to enhance EBIT margins and free cash flow in 2025. Anticipated cash from real estate sales and potential Aerospace Group sale could improve the balance sheet and stock valuation. |
seekingalpha.com |
2025-02-19 12:34:31 |
Czytaj oryginał (ang.) |
| Leggett & Platt, Incorporated (LEG) Q4 2024 Earnings Call Transcript |
Leggett & Platt, Incorporated (NYSE:LEG ) Q4 2024 Earnings Conference Call February 14, 2025 8:30 AM ET Company Participants Cassie Branscum - VP, IR Karl Glassman - CEO Ben Burns - CFO Tyson Hagale - President, Bedding Products Sam Smith - President, Specialized Products and Furniture, Flooring & Textile Products Conference Call Participants Susan Maklari - Goldman Sachs Bobby Griffin - Raymond James Keith Hughes - Truist Securities Peter Keith - Piper Sandler Operator Greetings, and welcome to the Leggett & Platt Fourth-Quarter 2024 Earnings Conference Call and Webcast. At this time, all participants are in a listen-only mode. |
seekingalpha.com |
2025-02-14 14:03:07 |
Czytaj oryginał (ang.) |
| Leggett Q4 Earnings Match Estimates, Revenues Beat, Both Fall Y/Y |
LEG's fourth-quarter 2024 results reflect soft demand trends in residential end markets and headwinds in Automotive business due to ongoing economic challenges. |
zacks.com |
2025-02-14 13:11:07 |
Czytaj oryginał (ang.) |
| Is Leggett & Platt (LEG) Stock Undervalued Right Now? |
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. |
zacks.com |
2025-02-14 12:45:35 |
Czytaj oryginał (ang.) |
| Here's What Key Metrics Tell Us About Legget & Platt (LEG) Q4 Earnings |
Although the revenue and EPS for Legget & Platt (LEG) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. |
zacks.com |
2025-02-13 22:02:08 |
Czytaj oryginał (ang.) |
| Legget & Platt (LEG) Matches Q4 Earnings Estimates |
Legget & Platt (LEG) came out with quarterly earnings of $0.21 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.26 per share a year ago. |
zacks.com |
2025-02-13 20:41:22 |
Czytaj oryginał (ang.) |
| Leggett & Platt Reports 4Q and Full Year 2024 Results and Announces Leadership Update for the Specialized Products Segment |
CARTHAGE, Mo. , Feb. 13, 2025 /PRNewswire/ -- 4Q sales of $1.1 billion, a 5% decrease vs 4Q23 4Q EPS of $.10, 4Q adjusted1 EPS of $.21, a $.05 decrease vs adjusted1 4Q23 EPS 2024 sales of $4.4 billion, a 7% decrease vs 2023 2024 EPS of ($3.73), 2024 adjusted1 EPS of $1.05, a $.34 decrease vs adjusted1 2023 EPS 2025 guidance: sales of $4.0–$4.3 billion, EPS of $.83–$1.24; adjusted1 EPS of $1.00–$1.20 Sam Smith appointed President of Specialized Products segment President and CEO Karl Glassman commented, "In 2024, we made excellent progress on our strategic priorities, particularly the execution of our restructuring plan, which consistently met or exceeded our expectations. |
prnewswire.com |
2025-02-13 18:10:00 |
Czytaj oryginał (ang.) |
| Leggett Gears Up for Q4 Earnings: Here's What to Expect From the Stock |
LEG's fourth-quarter fiscal 2024 performance is expected to have been hurt by soft demand in most of the markets served. |
zacks.com |
2025-02-12 12:11:13 |
Czytaj oryginał (ang.) |
| Unlocking Q4 Potential of Legget & Platt (LEG): Exploring Wall Street Estimates for Key Metrics |
Get a deeper insight into the potential performance of Legget & Platt (LEG) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics. |
zacks.com |
2025-02-10 12:21:19 |
Czytaj oryginał (ang.) |
| Should Value Investors Buy Leggett & Platt (LEG) Stock? |
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. |
zacks.com |
2025-01-29 12:46:23 |
Czytaj oryginał (ang.) |
| LEGGETT & PLATT ANNOUNCES 4Q AND FULL YEAR 2024 EARNINGS CALL |
Carthage, MO, Jan. 27, 2025 (GLOBE NEWSWIRE) -- Leggett & Platt (NYSE:LEG), a diversified manufacturer of engineered products serving several major markets, will release fourth quarter and full year earnings results on Thursday, February 13, 2025 after the market closes, and hold its quarterly conference call to discuss fourth quarter and full year results, annual guidance, market conditions, company initiatives and related matters on Friday, February 14, 2025, at 8:30 a.m. Eastern Time (7:30 a.m. Central Time). |
globenewswire.com |
2025-01-27 13:58:00 |
Czytaj oryginał (ang.) |
| Collect Dividends Like Clockwork From These 2 Dividend Kings |
Procter & Gamble and Coca-Cola, despite recent pullbacks, remain strong long-term dividend investments due to their resilient business models and consistent dividend histories. Both companies face short-term headwinds from high interest rates and shifting consumer sentiment but maintain strong fundamentals and well-covered dividends. Procter & Gamble offers a 2.44% yield, with a safe payout ratio of 73%, and Coca-Cola offers a 3.14% yield, with a safer payout ratio of 62%. |
seekingalpha.com |
2025-01-20 09:53:00 |
Czytaj oryginał (ang.) |
| These 2 Consumer Discretionary Stocks Could Beat Earnings: Why They Should Be on Your Radar |
Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP. |
zacks.com |
2025-01-17 11:52:09 |
Czytaj oryginał (ang.) |
| Should Value Investors Buy Leggett & Platt (LEG) Stock? |
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. |
zacks.com |
2025-01-13 12:46:29 |
Czytaj oryginał (ang.) |
| Leggett: A Long-Term Player That's Also Relatively Inexpensive |
Leggett & Platt's vertical integration and restructuring plans are expected to enhance operating margins and free cash flow growth, making the stock undervalued at $9-$10. The company's stock repurchase program at $20 per share indicates confidence in its valuation, suggesting significant upside potential from the current price. Potential sale of the Aerospace segment could inject cash, reduce net debt, and improve overall valuation, further supporting the bullish outlook. |
seekingalpha.com |
2024-12-27 00:16:26 |
Czytaj oryginał (ang.) |
| Why Is Legget & Platt (LEG) Down 1.3% Since Last Earnings Report? |
Legget & Platt (LEG) reported earnings 30 days ago. What's next for the stock? |
zacks.com |
2024-11-27 14:35:31 |
Czytaj oryginał (ang.) |
| LEG Immobilien: An Interesting Value Play In The European Real Estate Sector |
LEG Immobilien is a compelling value play in the German residential real estate market, benefiting from improved investor sentiment and declining interest rates. The company's resilient operational performance and strategic shift from balance sheet management to growth mode have driven a 43% share price increase in 2024. The recent acquisition of Black Capital Partners at a significant discount is expected to enhance earnings growth and provide revenue and cost synergies. |
seekingalpha.com |
2024-11-22 03:25:18 |
Czytaj oryginał (ang.) |
| LEGGETT & PLATT ANNOUNCES QUARTERLY DIVIDEND OF $.05 |
CARTHAGE, Mo. , Nov. 7, 2024 /PRNewswire/ -- Leggett & Platt's Board of Directors declared a dividend of $.05 per share for the fourth quarter 2024. |
prnewswire.com |
2024-11-07 14:06:00 |
Czytaj oryginał (ang.) |
| Leggett & Platt: A Fair Company At A Wonderful Price |
Leggett & Platt, a former Dividend King, was forced to cut their dividend by 89% earlier this year due to headwinds. The company now expects to use freed-up capital to pay down debt and deleverage towards their long-term target of 2.0x. With the dividend reset, LEG is expected to cover the dividend with free cash flow by the end of 2024. |
seekingalpha.com |
2024-11-07 09:15:00 |
Czytaj oryginał (ang.) |
| Why Leggett & Platt Stock Zoomed 4% Higher Today |
We might see a slimmed-down company in the near future. |
fool.com |
2024-10-29 19:59:11 |
Czytaj oryginał (ang.) |
| Leggett Misses Q3 Earnings & Sales Estimates, Lowers '24 Guidance |
LEG's third-quarter 2024 results reflect soft demand trends in residential end markets and headwinds due to ongoing economic challenges. |
zacks.com |
2024-10-29 16:45:20 |
Czytaj oryginał (ang.) |
| Leggett & Platt, Incorporated (LEG) Q3 2024 Earnings Call Transcript |
Leggett & Platt, Incorporated (NYSE:LEG ) Q3 2024 Earnings Conference Call October 29, 2024 8:30 AM ET Company Participants Cassie Branscum - Vice President, Investor Relations Karl Glassman - Chief Executive Officer Ben Burns - Chief Financial Officer Tyson Hagale - President, Bedding Products Sam Smith - President, Furniture, Flooring & Textile Products Conference Call Participants Susan Maklari - Goldman Sachs Bobby Griffin - Raymond James Peter Keith - Piper Sandler Judy Merrick - Truist Securities Operator Greetings and welcome to the Leggett & Platt Third Quarter 2024 Webcast and Earnings Conference Call. At this time, all participants are in a listen-only mode. |
seekingalpha.com |
2024-10-29 14:41:05 |
Czytaj oryginał (ang.) |
| Legget & Platt (LEG) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates |
While the top- and bottom-line numbers for Legget & Platt (LEG) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. |
zacks.com |
2024-10-28 21:31:12 |
Czytaj oryginał (ang.) |
| Legget & Platt (LEG) Lags Q3 Earnings and Revenue Estimates |
Legget & Platt (LEG) came out with quarterly earnings of $0.32 per share, missing the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.36 per share a year ago. |
zacks.com |
2024-10-28 20:35:14 |
Czytaj oryginał (ang.) |
| LEGGETT & PLATT REPORTS 3Q RESULTS |
CARTHAGE, Mo. , Oct. 28, 2024 /PRNewswire/ -- 3Q sales of $1.1 billion, a 6% decrease vs 3Q23 3Q EPS of $.33; 3Q adjusted1 EPS of $.32, a $.04 decrease vs adjusted1 3Q23 EPS 2024 EPS guidance is ($3.56)–($3.71), including impact of non-cash goodwill impairment charge, restructuring charges, real estate gains, and certain other costs 2024 guidance lowered: adjusted1 EPS of $1.00–$1.10, sales of $4.3–$4.4 billion President and CEO Karl Glassman commented, "We continued to make solid progress on our restructuring and operating efficiency improvement initiatives, although demand headwinds were more challenging than anticipated in the third quarter. |
prnewswire.com |
2024-10-28 18:10:00 |
Czytaj oryginał (ang.) |
| Dip Buying Opportunity: 2 Dividend Growth Stocks For Potential Long-Term Upside |
Visa and Pepsi are facing headwinds, creating attractive buying opportunities for long-term investors due to their recent price declines. Visa's strong fundamentals include double-digit revenue growth, low payout ratio, and robust cash flow supporting continued buybacks. Pepsi, a Dividend King, has a solid dividend track record, and I expect growth to pick up as interest rates should provide tailwinds. |
seekingalpha.com |
2024-09-30 12:00:00 |
Czytaj oryginał (ang.) |
| Buy 7 September Dividend Kings, Watch 9 More |
"What is a Dividend King? A stock with 50 or more consecutive years of dividend increases.” - suredividend.com. The 53 Dividend Kings, screened as of Sept. 10, represented eight of 11 Morningstar Sectors. Broker-targeted top 10 net gains ranged around 11.59%-35.94%, topped by Emerson and Stephan. By yield, Altria tops all. Top 10 September dogs: HRL, KVUE, FRT, FTS, UBSI, BKH, NWN, CDUAF, UVV, and MO averaged 4.70% in yield. |
seekingalpha.com |
2024-09-12 17:59:44 |
Czytaj oryginał (ang.) |
| 2 Stocks To Consider For Income Reliability And Upside Potential |
Verizon and NNN REIT are reliable dividend stocks with potential for upside in the long term. Verizon offers a safe dividend, improving cash flows, and decreasing debt, potentially leading to strong upside once interest rates are considerably lower over the next 12 months. NNN REIT focuses on non-rated tenants, delivering consistent FFO growth, increasing dividends, and a strong balance sheet, offering potential for growth. |
seekingalpha.com |
2024-08-17 11:30:00 |
Czytaj oryginał (ang.) |
| 2 Fallen Former Dividend Kings For A Small Cap Recovery Trade |
Small caps that were once large are optimal in this environment for a small cap trade in my opinion. Despite challenges, some companies like Leggett & Platt and VF Corporation are working on turnaround stories and are cutting costs while reducing debt. Debt burdens are a concern, but rate cuts may provide some assistance in navigating small cap purgatory. |
seekingalpha.com |
2024-08-09 16:51:16 |
Czytaj oryginał (ang.) |
| 53 August Dividend Kings: Buy 7, Watch 9 More |
“What is a Dividend King? A stock with 50 or more consecutive years of dividend increases.”—suredividend.com. The 53 Dividend Kings, screened as of August 6, represented 8 of 11 Morningstar Sectors. Broker-targeted top-ten net-gains ranged 9.36%-31.67% topped-by PPG, and Target. By yield, Altria tops-all. Top-ten August dogs: NFG, FRT, KVUE, FTS, UBSI, BKH, NWN, CDUAF, UVV, & MO averaged 4.92% in yield. |
seekingalpha.com |
2024-08-08 17:32:55 |
Czytaj oryginał (ang.) |
| LEGGETT & PLATT ANNOUNCES QUARTERLY DIVIDEND OF $.05 |
CARTHAGE, Mo. , Aug. 7, 2024 /PRNewswire/ -- Leggett & Platt's Board of Directors declared a dividend of $.05 per share for the third quarter 2024. |
prnewswire.com |
2024-08-07 15:13:00 |
Czytaj oryginał (ang.) |
| Dividend Income: Lanny's July 2024 Summary |
In July, we (my wife and I) received a dividend income total of $2,836.82. 2023 was up 24%. 7 months down in 2024 and the S&P 500 is still up almost 13%, despite the recent sell-offs. We have a high likelihood of a rate cut in September, but too much speculation is happening beyond that date. Time is ticking on that FOMC meeting. |
seekingalpha.com |
2024-08-06 12:35:00 |
Czytaj oryginał (ang.) |
| Leggett & Platt: True Earning Power Could Have Been Overestimated |
Leggett & Platt's gross profit margin has been shrinking for the past eight years, which has offset any growth in sales during that time frame. The true earning power of LEG may have been overestimated due to acquisition costs, which are not included in net income. A more protective stance on foreign imports after the U.S. elections could benefit LEG in the mid-term. |
seekingalpha.com |
2024-08-06 07:24:52 |
Czytaj oryginał (ang.) |
| Leggett (LEG) Q2 Earnings Meet, Sales Miss, 2024 View Down |
Leggett's (LEG) second-quarter results reflect slow demand in most of the markets served. |
zacks.com |
2024-08-02 17:17:08 |
Czytaj oryginał (ang.) |