Leggett & Platt (LEG) Tops Q4 EPS by 6c, Offers FY Guidance

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Leggett & Platt Reports 4Q And Full Year 2020 Results And Announces 1Q Dividend

February 8, 2021 4:08 PM EST

CARTHAGE, Mo., Feb. 8, 2021 /PRNewswire/ --

4Q sales grew 3% vs 4Q19, to $1.182 billion 4Q EPS was a fourth quarter record $.76, an increase of $.12 vs 4Q19 2020 sales decreased 10% vs 2019, to $4.28 billion 2020 EPS was $1.82 and 2020 adjusted1 EPS was $2.13, decreases vs 2019 2020 cash flow from operations was $603 million Board of Directors declared first quarter dividend of $.40 per share 2021 guidance: sales of $4.6$4.9 billion and EPS of $2.30$2.60

Chairman and CEO Karl Glassman commented, "We are pleased to have delivered a strong fourth quarter to end a very challenging 2020. Fourth... More