Compared to Estimates, Legget & Platt (LEG) Q1 Earnings: A Look at Key Metrics

By Zacks Equity Research | April 28, 2025, 7:30 PM

For the quarter ended March 2025, Legget & Platt (LEG) reported revenue of $1.02 billion, down 6.8% over the same period last year. EPS came in at $0.24, compared to $0.23 in the year-ago quarter.

The reported revenue represents a surprise of -0.53% over the Zacks Consensus Estimate of $1.03 billion. With the consensus EPS estimate being $0.23, the EPS surprise was +4.35%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Legget & Platt performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Change in Organic Sales - Bedding Products: -12% versus -4% estimated by four analysts on average.
  • Change in Organic Sales - Specialized Products: -5% compared to the -3.1% average estimate based on four analysts.
  • Change in Organic Sales - Furniture, Flooring and Textile Products: -1% compared to the -5.4% average estimate based on four analysts.
  • Change in Organic Sales: -7% versus -5.6% estimated by two analysts on average.
  • Trade sales- Furniture, Flooring and Textile Products: $331.30 million versus the four-analyst average estimate of $322.63 million. The reported number represents a year-over-year change of -0.5%.
  • Trade sales- Specialized Products: $300.10 million versus the four-analyst average estimate of $298.78 million. The reported number represents a year-over-year change of -5%.
  • Trade sales- Bedding Products: $390.70 million compared to the $409.90 million average estimate based on four analysts. The reported number represents a change of -12.8% year over year.
  • EBIT- Bedding Products: $9.60 million versus the two-analyst average estimate of $18.65 million.
  • EBIT- Specialized Products: $28.40 million compared to the $20.42 million average estimate based on two analysts.
  • Adjusted EBIT- Specialized Products: $31.80 million compared to the $23 million average estimate based on two analysts.
  • Adjusted EBIT- Bedding Products: $13 million versus the two-analyst average estimate of $16.45 million.
  • Adjusted EBIT- Furniture, Flooring & Textile ProductsC: $21.70 million versus the two-analyst average estimate of $18.90 million.
View all Key Company Metrics for Legget & Platt here>>>

Shares of Legget & Platt have returned -8.7% over the past month versus the Zacks S&P 500 composite's -4.3% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

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This article originally published on Zacks Investment Research (zacks.com).

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