Leggett Misses Q3 Earnings & Sales Estimates, Lowers '24 Guidance
LEGLeggett & Platt(LEG) ZACKS·2024-10-30 02:45

Leggett & Platt, Incorporated (LEG) reported lower-than-expected results for the third quarter of 2024. Adjusted earnings and sales missed the Zacks Consensus Estimate and declined year over year. Following the results, LEG stock plunged 2.6% in the after-hours trading session on Monday. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. The quarterly results reflect weak demand in the company's residential end markets due to a challenging macro environment and soft consumer spending. ...