Leggett & Platt is a diversified manufacturer that specializes in producing a wide range of engineered components and products for various industries, notably in the furniture, automotive, and bedding sectors. The company designs and manufactures items such as mattresses, adjustable beds, and a variety of mechanical and electronic components that enhance comfort and functionality. With a focus on innovation and quality, Leggett & Platt serves original equipment manufacturers and retailers, aiming to improve everyday living through its diverse product offerings and solutions. Read More
Shares of manufacturing company Leggett & Platt (NYSE:LEG)
jumped 29.7% in the afternoon session after the company reported strong first-quarter 2025 results: its revenue was in line with Wall Street's targets, while its EPS topped expectations. Despite the top-line decline, margins improved. That margin expansion, combined with cost control, helped adjusted EPS to clear analyst expectations.
Overall, this was a good quarter.
Let's delve into the US markets on Tuesday and uncover the stocks that are experiencing notable gaps in today's session. Below, you'll find the gap up and gap down stocks.
Manufacturing company Leggett & Platt (NYSE:LEG) met Wall Street’s revenue expectations in Q1 CY2025, but sales fell by 6.8% year on year to $1.02 billion. On the other hand, the company’s full-year revenue guidance of $4.15 billion at the midpoint came in 0.6% below analysts’ estimates. Its non-GAAP profit of $0.24 per share was 10.3% above analysts’ consensus estimates.
As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the home furnishings industry, including Somnigroup (NYSE:SGI) and its peers.
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. Central Time).
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how home furnishings stocks fared in Q4, starting with Purple (NASDAQ:PRPL).
Leggett & Platt has gotten torched over the last six months - since October 2024, its stock price has dropped 45.5% to $6.95 per share. This was partly due to its softer quarterly results and may have investors wondering how to approach the situation.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Mohawk Industries (NYSE:MHK) and the rest of the home furnishings stocks fared in Q4.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Leggett & Platt (NYSE:LEG) and the best and worst performers in the home furnishings industry.
Stocks under $10 pique our interest because they have room to grow (as well as the most affordable option contract premiums).
That doesn’t mean they’re bargains though, and we urge investors to be careful as many have risky business models.
Manufacturing company Leggett & Platt (NYSE:LEG) beat Wall Street’s revenue expectations in Q4 CY2024, but sales fell by 5.3% year on year to $1.06 billion. On the other hand, the company’s full-year revenue guidance of $4.15 billion at the midpoint came in 4.3% below analysts’ estimates. Its non-GAAP profit of $0.21 per share was in line with analysts’ consensus estimates.
Looking back on home furnishings stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Lovesac (NASDAQ:LOVE) and its peers.
