Leggett & Platt Q3 EPS Forecast Decreased by Zacks Research

Key Points

• Leggett & Platt's earnings per share (EPS) forecast for Q3 2025 has been decreased from $0.33 to $0.31 by analysts at Zacks Research.
• The company reported a 6.3% year-over-year decrease in revenue, posting $1.06 billion for the last quarter, while earnings exceeded expectations at $0.30 EPS.
• Leggett & Platt recently declared a quarterly dividend of $0.05, representing an annualized yield of 2.1%.

Leggett & Platt, Incorporated (NYSE:LEG - Free Report) - Analysts at Zacks Research decreased their Q3 2025 earnings per share estimates for Leggett & Platt in a research report issued on Thursday, August 14th. Zacks Research analyst Team now expects that the company will earn $0.31 per share for the quarter, down from their prior forecast of $0.33. The consensus estimate for Leggett & Platt's current full-year earnings is $1.14 per share. Zacks Research also issued estimates for Leggett & Platt's Q4 2025 earnings at $0.24 EPS, Q1 2026 earnings at $0.25 EPS, Q2 2026 earnings at $0.31 EPS, Q3 2026 earnings at $0.31 EPS, Q4 2026 earnings at $0.25 EPS, Q1 2027 earnings at $0.28 EPS and Q2 2027 earnings at $0.32 EPS.

Leggett & Platt (NYSE:LEG - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.01. The business had revenue of $1.06 billion for the quarter, compared to analysts' expectations of $1.06 billion. Leggett & Platt had a return on equity of 19.42% and a net margin of 3.36%. The company's revenue for the quarter was down 6.3% compared to the same quarter last year. During the same period last year, the firm earned $0.29 earnings per share.

LEG has been the topic of several other reports. Wall Street Zen cut Leggett & Platt from a "buy" rating to a "hold" rating in a research note on Saturday, August 2nd. Piper Sandler reiterated a "neutral" rating and issued a $9.00 price objective (down from $10.00) on shares of Leggett & Platt in a research note on Monday, August 4th. Finally, The Goldman Sachs Group increased their price objective on Leggett & Platt from $8.00 to $9.00 and gave the company a "neutral" rating in a research note on Wednesday, April 30th.

Leggett & Platt Stock Down 0.5%

Shares of NYSE LEG opened at $9.35 on Monday. The stock has a market cap of $1.27 billion, a P/E ratio of 9.08 and a beta of 0.70. The company has a current ratio of 2.17, a quick ratio of 1.36 and a debt-to-equity ratio of 2.09. Leggett & Platt has a 12-month low of $6.47 and a 12-month high of $14.23. The business's fifty day simple moving average is $9.48 and its 200-day simple moving average is $8.96.

Institutional Trading of Leggett & Platt

Hedge funds and other institutional investors have recently bought and sold shares of the business. Sterling Capital Management LLC raised its stake in Leggett & Platt by 17.1% in the fourth quarter. Sterling Capital Management LLC now owns 7,972 shares of the company's stock valued at $77,000 after buying an additional 1,163 shares in the last quarter. Nisa Investment Advisors LLC acquired a new stake in Leggett & Platt in the second quarter valued at $76,000. SeaCrest Wealth Management LLC purchased a new position in shares of Leggett & Platt during the second quarter worth about $89,000. Captrust Financial Advisors purchased a new position in shares of Leggett & Platt during the second quarter worth about $91,000. Finally, PDT Partners LLC purchased a new position in shares of Leggett & Platt during the second quarter worth about $94,000. 64.23% of the stock is currently owned by institutional investors and hedge funds.

Leggett & Platt Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Monday, September 15th will be paid a $0.05 dividend. The ex-dividend date is Monday, September 15th. This represents a $0.20 dividend on an annualized basis and a yield of 2.1%. Leggett & Platt's dividend payout ratio (DPR) is currently 19.42%.

Leggett & Platt Company Profile

Leggett & Platt, Inc engages in the manufacture and distribution of furniture and engineered components and products among homes, offices, automobiles, and commercial aircraft. It operates through the following segments: Bedding Products, Specialized Products, and Furniture, Flooring & Textile Products.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.