Leggett & Platt (LEG) Tops Q4 EPS by 4c, Offers Guidance

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LEGGETT & PLATT REPORTS RECORD FOURTH QUARTER AND FULL YEAR RESULTS

February 7, 2022 4:09 PM EST

 

CARTHAGE, Mo., Feb. 7, 2022 /PRNewswire/ --

4Q sales were a quarterly record1 $1.333 billion, a 13% increase vs 4Q204Q EPS was $.77, a decrease of $.02 vs 4Q202021 sales were a record1 $5.073 billion, a 19% increase vs 20202021 EPS was a record $2.94 and 2021 adjusted2 EPS was a record $2.78; both increases vs 20202021 cash flow from operations was $271 million2022 guidance: sales of $5.3$5.6 billion and EPS of $2.70$3.00

President and CEO Mitch Dolloff commented, "We are pleased to have delivered record1 full year results in 2021 despite a myriad of macro market challenges, including supply chain issues related to... More