Leggett & Platt (LEG) Tops Q1 EPS by 4c
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Leggett & Platt Reports $.50 EPS, A First Quarter Record
April 30, 2015 4:05 PM EDTCARTHAGE, Mo., April 30, 2015 /PRNewswire/ --
1Q EPS was $.50, a first quarter record, and 32% above 1Q 2014 continuing operations EPS of $.38 1Q sales were $966 million, a first quarter record for continuing operations, and 10% higher than in 2014 EBIT margin improved to 11.6%, a 180 basis point gain over 1Q last year Raising low end of 2015 EPS guidance; anticipate record EPS of $1.95 - 2.10 on sales of $3.9 - 4.1 billionDiversified manufacturer Leggett & Platt reported earnings of $.50 per share, a first quarter record. In 2014, first quarter EPS was $.37, including a small loss from discontinued... More
