Leggett & Platt (LEG) Tops Posts Q4 EPS of $0.60, or $0.53 Adj.; Guides In-Line

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Leggett & Platt Announces Record Full-Year EPS

January 30, 2017 4:18 PM EST

CARTHAGE, Mo., Jan. 30, 2017 /PRNewswire/ --

Record 2016 continuing operations EPS of $2.62, a 15% increase versus 2015 Record 2016 continuing operations adjusted1 EPS of $2.49, a 6% increase versus 2015 Three-year TSR2 ending 12-31-2016 ranks in the top 11% of the S&P 500 2016 sales declined 4% to $3.75 billion due to divestitures and deflation 2016 EBIT margin was 13.9%; continuing operations adjusted1 EBIT margin was 13.1% 2017 continuing operations EPS guidance is $2.552.75 on sales of $3.954.05 billion

Diversified manufacturer Leggett & Platt reported record full-year continuing operations EPS of $2.62 in 2016, a 15% increase versus 2015. Full-year adjusted1 EPS from continuing operations improved... More