Here's What Key Metrics Tell Us About Legget & Platt (LEG) Q4 Earnings

For the quarter ended December 2024, Legget & Platt (LEG) reported revenue of $1.06 billion, down 5.3% over the same period last year. EPS came in at $0.21, compared to $0.26 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.03 billion, representing a surprise of +2.16%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.21.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.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.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: -6% compared to the -9.2% average estimate based on four analysts. Change in Organic Sales - Specialized Products: -5% compared to the -5.9% average estimate based on four analysts. Change in Organic Sales - Furniture, Flooring and Textile Products: -4% versus -6% estimated by four analysts on average. Change in Organic Sales: -5% compared to the -7.7% average estimate based on three analysts. Trade sales- Furniture, Flooring and Textile Products: $332.50 million compared to the $327.45 million average estimate based on four analysts. The reported number represents a change of -4.5% year over year. Trade sales- Specialized Products: $303.70 million compared to the $299.20 million average estimate based on four analysts. The reported number represents a change of -4.7% year over year. Trade sales- Bedding Products: $420.20 million versus the four-analyst average estimate of $407.43 million. The reported number represents a year-over-year change of -6.3%. EBIT- Bedding Products: $1.60 million versus $25.78 million estimated by two analysts on average. EBIT- Specialized Products: $25.40 million compared to the $17.75 million average estimate based on two analysts. Adjusted EBIT- Specialized Products: $30.40 million compared to the $26.10 million average estimate based on two analysts. Adjusted EBIT- Bedding Products: $8.20 million compared to the $11.20 million average estimate based on two analysts. Adjusted EBIT- Furniture, Flooring & Textile ProductsC: $16.90 million versus $19.20 million estimated by two analysts on average. View all Key Company Metrics for Legget & Platt here>>>Shares of Legget & Platt have returned -9.3% over the past month versus the Zacks S&P 500 composite's +3.9% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is among the most innovative financial firms. With a fast-growing customer base (already 50+ million) and a diverse set of cutting edge solutions, this stock is poised for big gains. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Leggett & Platt, Incorporated (LEG): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks