Leggett & Platt (LEG) Projected to Announce Earnings on Thursday

Leggett & Platt (NYSE:LEG) is expected to post its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect Leggett & Platt to announce earnings of $0.29 per share and revenue of $982.8630 million for the quarter. Parties are encouraged to explore the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Friday, July 31, 2026 at 8:30 AM ET.

Leggett & Platt (NYSE:LEG) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.15 earnings per share for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.11). The company had revenue of $918.20 million for the quarter, compared to analyst estimates of $946.79 million. Leggett & Platt had a return on equity of 12.62% and a net margin of 5.69%.The firm’s revenue for the quarter was down 10.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.24 EPS. On average, analysts expect Leggett & Platt to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Leggett & Platt Stock Up 0.2%

Shares of NYSE:LEG opened at $10.71 on Thursday. The firm has a 50 day simple moving average of $10.65 and a 200-day simple moving average of $11.00. Leggett & Platt has a twelve month low of $7.86 and a twelve month high of $13.00. The company has a current ratio of 2.33, a quick ratio of 1.45 and a debt-to-equity ratio of 1.44. The company has a market capitalization of $1.46 billion, a PE ratio of 6.65 and a beta of 0.71.

Leggett & Platt Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Monday, June 15th were paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 1.9%. The ex-dividend date was Monday, June 15th. Leggett & Platt’s dividend payout ratio (DPR) is currently 12.42%.

Hedge Funds Weigh In On Leggett & Platt

A number of institutional investors have recently modified their holdings of LEG. Invesco Ltd. raised its position in Leggett & Platt by 33.8% in the 4th quarter. Invesco Ltd. now owns 1,122,330 shares of the company’s stock valued at $12,346,000 after purchasing an additional 283,342 shares during the last quarter. Corient Private Wealth LLC grew its position in Leggett & Platt by 299.2% during the 4th quarter. Corient Private Wealth LLC now owns 282,267 shares of the company’s stock worth $3,105,000 after purchasing an additional 211,555 shares during the last quarter. Mercer Global Advisors Inc. ADV grew its position in Leggett & Platt by 72.6% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 53,704 shares of the company’s stock worth $591,000 after purchasing an additional 22,582 shares during the last quarter. Vident Advisory LLC acquired a new position in Leggett & Platt in the fourth quarter valued at $758,000. Finally, EP Wealth Advisors LLC acquired a new position in Leggett & Platt in the fourth quarter valued at $533,000. 64.23% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages recently weighed in on LEG. Weiss Ratings raised shares of Leggett & Platt from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, May 15th. Truist Financial cut their target price on Leggett & Platt from $13.00 to $11.00 and set a “hold” rating on the stock in a research report on Friday, May 8th. Finally, Zacks Research raised Leggett & Platt from a “strong sell” rating to a “hold” rating in a report on Monday. Five equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, Leggett & Platt currently has a consensus rating of “Hold” and an average target price of $11.33.

About Leggett & Platt

Leggett & Platt, Inc is a diversified manufacturer specializing in the design, engineering and production of a wide range of engineered components and products. The company’s offerings span several end markets, including residential bedding, commercial and residential furniture, automotive seating and interiors, aerospace applications and industrial products. By integrating product design with proprietary manufacturing processes, Leggett & Platt serves as a key supplier to both original equipment manufacturers and aftermarket distributors.

The company’s core product lines include coil springs and support systems for mattresses and furniture, adjustable bed mechanisms, engineered components such as extruded and formed metal products, and specialty foam and bedding products.