Key Developments: Leggett & Platt Inc (LEG)
34.19USD
17 May 2013
$0.46 (+1.36%)
$33.73
$33.81
$34.25
$33.80
2,040,779
1,084,218
$34.25
$19.26
Latest Key Developments (Source: Significant Developments)
Leggett & Platt Inc Announces Dividend
Leggett & Platt Inc announced that dividend of $.29 per share for the second quarter, a 3.6% increase versus the dividend declared in the second quarter 2012. The dividend will be paid on July 15, 2013 to shareholders of record on June 14, 2013. Full Article
Leggett & Platt Inc Reaffirms FY 2013 Revenue Guidance; Raises Low End Of Prior FY 2013 EPS Guidance To A Range In Line With Analsyts' Estimates
Leggett & Platt Inc announced that for fiscal 2013, it anticipates annual sales growth between 2% and 6%, resulting in sales of $3.80-3.95 billion. The Company increased the low end of its EPS guidance by $0.05, and now projects EPS of $1.55-$1.75. The Company reported revenues of $3.72 billion in fiscal 2012. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $3.83 billion and EPS of $1.62 for fiscal 2013. Full Article
Leggett & Platt Inc Reaffirms FY 2013 Guidance-Conference Call
Leggett & Platt Inc announced that the guidance for fiscal 2013 is EPS between $1.50 and $1.75; sales between $3.75 billion and $3.95 billion. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $3.84 billion and EPS of $1.62 for fiscal 2013. Full Article
Leggett & Platt Inc Announces Executive Promotion
Leggett & Platt Inc announced that Board of Directors announced the promotion of two senior executives. Karl G. Glassman is promoted to President of the Company, and retains his current role as Chief Operating Officer. Glassman has served Leggett & Platt as COO since 2006, as both Executive Vice President and a director since 2002, and in various management roles since 1982. Full Article
Leggett & Platt Inc Announces $.29 First Quarter Dividend
Leggett & Platt Inc announced that Board of Directors announced a dividend of $.29 per share for the first quarter, a 3.6% increase versus the dividend declared in the first quarter 2012. The dividend will be paid on April 15, 2013 to shareholders of record on March 15, 2013. Full Article
Leggett & Platt Inc Issues FY 2013 Guidance In Line With Analysts' Estimates
Leggett & Platt Inc announced that for fiscal 2013, it anticipates sales growth between 1% and 6%, resulting in sales of $3.75-3.95 billion and EPS of $1.50-1.75. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $3.91 billion and EPS of $1.62 for fiscal 2013. Full Article
Leggett & Platt Inc Reaffirms FY 2012 EPS Guidance
Leggett & Platt Inc announced that it anticipates a fourth quarter unusual, non-cash net tax benefit of approximately $27 million, or $.18 per share. This benefit results primarily from the elimination of a valuation allowance on the company's Canadian deferred tax assets. Apart from this unusual tax benefit, the Company's fiscal 2012 EPS guidance has not changed from the $1.45-$1.52 issued in October. The tax benefit is expected to increase EPS by approximately $0.18; as a result, fiscal 2012 EPS is now expected to be in the range of $1.63-$1.70. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $1.49 for fiscal 2012. Full Article
Leggett & Platt Inc Declares $0.29 Dividend
Leggett & Platt Inc announced that it has declared a dividend of $0.29 per share for the fourth quarter. The dividend will be paid on December 27, 2012 to shareholders of record on December 10, 2012. Full Article
Leggett & Platt Inc Issues Q4 2012 Guidance; Revenue Guidance Below Analysts' Estimates; Narrows FY 2012 Revenue Guidance To A Range In Line With Analysts' Estimates; Raises FY 2012 EPS Guidance
Leggett & Platt Inc announced that for the fourth quarter of 2012, it expects sales at approximately $830 - 880 million, with EPS of $0.25 - 0.32. For fiscal 2012, it expects trade sales of approximately $3.70 - 3.75 billion, with EPS of $1.45 - 1.52. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $885 million and EPS of $0.28 for the fourth quarter of 2012; revenue of $3.75 billion and EPS of $1.39 for fiscal 2012. Full Article
Leggett & Platt Increases Quarterly Dividend To $.29
Leggett & Platt announced that they are raising the company's quarterly dividend by $0.01 per share, or 3.6%, to $.29 per share for the third quarter. The dividend will be paid on October 15, 2012 to shareholders of record on September 14, 2012. Full Article
BRIEF-Leggett and Platt up in extended trading
NEW YORK, Jan 10 - Leggett & Platt Inc : * Shares up 2.8 percent in extended trading after comments on tax benefit

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