Leggett & Platt (LEG) was Upgraded by Raymond James to ”
Strong Buy”. Earlier the firm had a rating of “Mkt Perform ” on the company
shares. Raymond James advised their Clients and Investors in a research report
released on Feb 1, 2017.
On the company’s financial health, Leggett & Platt
reported $0.53 EPS for the quarter, missing the analyst consensus estimate by $
-0.05 based on the information available during the earnings call on Jan 30,
2017. Analyst had a consensus of $0.58. The company had revenue of $903.70
million for the quarter, compared to analysts expectations of $921.94 million.
The company’s revenue was down -4.3 % compared to the same quarter last
year.During the same quarter in the previous year, the company posted $0.64
EPS.
Source: Hignland Mirror
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