Education
About Us
Working with TipRanks
Follow Us
Leggett & Platt (LEG)
NYSE:LEG
Earnings Data
Report Date
Aug 04, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.3Last Year’s EPS
0.29Same Quarter Last Year
Based on 3 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Apr 28, 2025
|% Change Since: 29.57%
|Next Earnings Date:Aug 04, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted successful restructuring efforts and the strategic sale of the aerospace business, with tariffs providing some benefits. However, the company faces challenges with declining sales in key segments and concerns about the impact of tariffs on the automotive industry.Company Guidance
During the Leggett & Platt first quarter 2025 earnings call, the company provided updated guidance for the year, maintaining their sales and adjusted earnings projections despite a more conservative demand outlook. Sales are expected to range between $4.0 billion and $4.3 billion, reflecting a decline of 2% to 9% from 2024, with volume anticipated to decrease from low to high single digits. The company projects 2025 earnings per share to be between $0.85 to $1.26, with adjusted EPS forecasted at $1 to $1.2. Adjusted EBIT margin is expected to be between 6.4% and 6.8%, and operating cash flow is projected to be $275 million to $325 million. The guidance reflects adjustments for restructuring benefits, operational improvements, and metal margin expansion, counterbalanced by reduced volume expectations.Restructuring Progress and Earnings Improvement
The company reported better-than-anticipated first quarter earnings due to the successful execution of the restructuring plan, operational efficiency improvements, and disciplined cost management. The restructuring plan is expected to be substantially complete by year-end.
Aerospace Business Sale
Leggett & Platt signed an agreement to sell its aerospace business, expecting after-tax cash proceeds of approximately $240 million, contributing to a more focused portfolio.
Positive Tariff Impact
Despite concerns, tariffs are likely a net positive for Leggett & Platt, particularly benefiting U.S. mattress production and domestic innerspring producers due to steel tariffs.
Financial Metrics
First quarter EBIT was $63 million and adjusted EBIT was $67 million, with adjusted earnings per share increasing by 4% to $0.24 from the previous year.
---
LEG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
LEG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 28, 2025 | $7.27 | $9.57 | +31.64% |
Feb 13, 2025 | $9.94 | $10.38 | +4.43% |
Oct 28, 2024 | $12.04 | $12.53 | +4.07% |
Aug 01, 2024 | $12.68 | $12.81 | +1.03% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Leggett & Platt (LEG) report earnings?
Leggett & Platt (LEG) is schdueled to report earning on Aug 04, 2025, TBA Not Confirmed.
What is Leggett & Platt (LEG) earnings time?
Leggett & Platt (LEG) earnings time is at Aug 04, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LEG EPS forecast?
LEG EPS forecast for the fiscal quarter 2025 (Q2) is 0.3.
---