Leggett & Platt (LEG) Misses Q4 EPS by 9c, Offers Guidance

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Go back to Leggett & Platt (LEG) Misses Q4 EPS by 9c, Offers Guidance

LEGGETT & PLATT REPORTS FOURTH QUARTER AND FULL YEAR RESULTS

February 6, 2023 4:10 PM EST

CARTHAGE, Mo., Feb. 6, 2023 /PRNewswire/ -- 

4Q sales were $1.2 billion, a 10% decrease vs 4Q214Q EPS was $.39, a decrease of $.38 vs 4Q212022 sales were a record1 $5.15 billion, a 1% increase vs 20212022 EPS was $2.27, a decrease of $.67 vs 2021 EPS and a decrease of $.51 vs 2021 adjusted2 EPS2022 cash flow from operations was $441 million, a 63% increase vs 20212023 guidance: sales of $4.8$5.2 billion and EPS of $1.50$1.90

President and CEO Mitch Dolloff commented, "Leggett & Platt's diverse portfolio of businesses, strong... More