Leggett & Platt (LEG) Misses Q3 EPS by 6c

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Leggett & Platt Reports Record 3Q Sales

November 1, 2021 4:05 PM EDT

CARTHAGE, Mo., Nov. 1, 2021 /PRNewswire/ --

3Q sales were a quarterly record1 $1.32 billion, a 9% increase vs 3Q20 3Q EBIT was $144 million, down $6 million vs 3Q20 and down $12 million vs 3Q20 adjusted2 EBIT 3Q EPS was $.71, a decrease of $.08 vs 3Q20 and a decrease of $.11 vs 3Q20 adjusted2 EPS Narrowing 2021 guidance: sales of $5.0$5.1 billion; EPS of $2.86$2.96; adjusted2 EPS of $2.70$2.80­

Diversified manufacturer Leggett & Platt reported record1 quarterly sales in third quarter of $1.32 billion, a 9% increase versus third quarter last year.

Organic sales were up 8%... More