Leggett & Platt: Q1 Earnings Insights

Leggett & Platt LEG reported its Q1 earnings results on Monday, May 2, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Leggett & Platt beat estimated earnings by 17.86%, reporting an EPS of $0.66 versus an estimate of $0.56.

Revenue was up $171.00 million from the same period last year.

Last quarter the company beat on EPS by $0.04 which was followed by a 2.65% increase in the share price the next day.

Here's a look at Leggett & Platt's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.73	0.78	0.54	0.42
EPS Actual	0.77	0.71	0.66	0.64
Revenue Estimate	1.29B	1.32B	1.23B	1.14B
Revenue Actual	1.33B	1.32B	1.27B	1.15B

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Leggett & Platt management provided guidance for FY 2022, expecting earnings between $2.7 and $3.0 per share.

To track all earnings releases for Leggett & Platt visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Calendar