Leggett & Platt (LEG) Misses Q3 EPS by 4c; lowers FY23 guidance
Leggett & Platt (NYSE: LEG) reported Q3 EPS of $0.36, $0.04 worse than the analyst estimate of $0.40. Revenue for the quarter came in at $1.18 billion versus the consensus estimate of $1.24 billion.
GUIDANCE:
Leggett & Platt sees Q4 2023 EPS of $0.22-$0.32, versus the consensus of $0.36. Leggett & Platt sees Q4 2023 revenue of $1.09-1.14 billion, versus the consensus of $1.175 billion.
Leggett & Platt sees FY2023 EPS of $1.35-$1.45, versus the consensus of $1.53. Leggett & Platt sees FY2023 revenue of $4.7-4.75 billion, versus the consensus of $4.85 billion.
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