Leggett & Platt: Turnaround Story
Leggett & Platt, Incorporated is executing a comprehensive restructuring plan to address declining sales, rising costs, and industry headwinds, including facility closures and cost reductions. Recent results show early signs of operational improvement, with positive cash flow and EBIT benefits from restructuring, despite continued sales declines across segments. Tariffs present both risks and opportunities, but Leggett & Platt is well positioned to benefit from domestic demand shifts and expanded metal margins.
Why Legget & Platt (LEG) is a Top Growth Stock for the Long-Term
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
