New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 10, 2013
16:14 EDTLEGLeggett & Platt raises FY12 EPS to $1.63-$1.70 due to unusual tax benefit of 18c
Consensus $1.49. Leggett & Platt anticipates a Q4 unusual, non-cash net tax benefit of approximately $27M, or 18c 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 FY12 EPS guidance has not changed from the $1.45-1.52 issued in October. The tax benefit is expected to increase earnings per share by approximately 18c; as a result, FY12 EPS is now expected to be in the range of $1.63-$1.70. Additionally, since this is a non-cash item, the company's expectation for operating cash has not changed. As previously stated, cash from operations for the year 2012 should exceed $350M.
News For LEG From The Last 14 Days
Check below for free stories on LEG the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
July 24, 2014
16:42 EDTLEGLeggett & Platt reaffirms 2014 EPS outlook $1.70-$1.85, consensus $1.76
Subscribe for More Information
16:42 EDTLEGLeggett & Platt reports Q2 adjusted EPS 48c, consensus 47c
Subscribe for More Information
July 15, 2014
07:16 EDTLEGLeggett & Platt mulls store fixtures division sale, Reuters says
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the disclaimer & terms of use