Leggett & Platt Inc T.LEG

Primary Symbol: LEG

Consumer Cyclical

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.

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Leggett & Platt Inc > Why does the share price dop if expectations are so good?

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Comment by deismanon Mar 26, 2014 11:46am

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Post# 22369868

RE:Why does the share price dop if expectations are so good?

Mr. Market is Bi-Polar. TD just lowered its target price to $10.00 but thats still a nice profit to be had for those who can see through all the BS and fear mongering .
Legacy Oil + Gas Inc. (LEG-T) C$7.01 .... 15
BUY  (Unchanged);Target: C$10.00  (Prior: C$10.50)
Q4/13 CFPS Miss; Operational Outlook Unchanged
Impact — SLIGHTLY NEGATIVE
Q4/13 CFPS of $0.42 was notably lower than our $0.50 estimate (consensus
at $0.46). This was largely attributed to lower revenues (which stemmed from
a higher mix of natural gas production) and higher-than-forecast operating
costs. Production was pre-released

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