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Leggett & Platt Inc T.LEG


Primary Symbol: LEG

Leggett & Platt, Incorporated is a manufacturer that conceives, designs, and produces a range of engineered components and products found in many homes and automobiles. The Company’s segments include Bedding Products, Specialized Products and Furniture, Flooring & Textile Products. Bedding Products segment supplies a variety of components and machinery used by bedding manufacturers in the production and assembly of their finished products, as well as produces private label finished mattresses for bedding brands. Specialized Products segment supplies lumbar support systems, seat suspension systems, motors and actuators, and control cables used by automotive manufacturers. It also produces and distribute tubing and tube assemblies for the aerospace industry and engineered hydraulic cylinders used in the material-handling and construction industries. Furniture, Flooring & Textile Products segment supplies a range of components for residential and work furniture manufacturers.


NYSE:LEG - Post by User

Comment by slacker101on Nov 08, 2012 9:38pm
390 Views
Post# 20579636

RE: EPS (.01) vs Estimated EPS of (.04)

RE: EPS (.01) vs Estimated EPS of (.04)

Good looking report.  Beat the Bank of Nova Scotia estimates on cash flow per share. Costs are down and management sounds really positive. This was in 'show me' mode and maybe they did.

 

As an aside, an analyst on BNN thinks this LEG may be setting itself up to be taken out.  I wouldn't hang my hat on it but I liked the sound of it.  Also, it seems like a lot of the fund managers own this thing.  Maybe patience is the key for us.

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