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LEGLeggett & Platt, IncorporatedSell5.1·$9.20-1.29%

Leggett & Platt (LEG) Q2 2026 earnings — TrendMatrix coverage

BEAT+48.6% vs estimateEPS $0.39 vs $0.26 estVerdict Buy (Wait)Sell

Reported

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure

Event detail · Q2 2026

Key numbers

Reported EPS
$0.39
Estimate
$0.26
Surprise
+48.6%
Revenue (period 2026-06-30)
$999.7M
Score at report (before → after)
4.85.0/10

Revenue source: xbrl.

Report record · Q2 2026

How the report landed

Leggett & Platt (LEG) beat the $0.26 estimate with diluted EPS of $0.39 — a large 48.6% upside surprise. TrendMatrix's engine moved from Buy (Wait) (4.8/10) to Sell at 5.0/10 after the report.

Current read · as of 2026-09-04

Where TrendMatrix's rating stands now

TrendMatrix currently rates LEG Sell at 5.1/10.

What supports the rating

  • Attractive valuation
  • Positive insider activity

What argues against it

  • Concentration risk — Supplier: internal rod mill (steel rod/wire)
  • Analyst target reached - limited upside remaining
  • V7 low-quality RISK_OFF penalty: -0.5 (Q=4.5)

This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.

Current engine read

The levels TrendMatrix's engine tracks

Current price
$9.20
Price target
$10.33
Stop
$8.88
Upside to target
+12.3%

Forward estimates sit below the trailing run-rate (9.0× forward vs 5.9× trailing) — consensus expects earnings to decline from here.

Risk check: trading volume is running 5.5× its average — elevated turnover around the report window.

Model outputs from TrendMatrix’s engine as of 2026-09-04 — shown for context, not personalized investment advice.

Consumer Cyclical context

LEG at TrendMatrix's latest read

Cyclical consumer names live and die on demand momentum — same-quarter comps and guidance carry more weight than the headline surprise.

Industry
Furnishings, Fixtures & Appliances
Market cap
$1.26B
P/E (fwd)
9.0
P/E (ttm)
5.9
52-week range
$8.34$13.00
Off 52-week high
29.2%
RSI (14)
41
Volume vs avg
5.51×
Score today
5.1/10

Earnings figures are sourced from TrendMatrix’s pipeline (EPS: existing earnings extraction; revenue: SEC XBRL company facts where available, yfinance-provisional otherwise). Not a buy/sell rating, a price target, or investment advice — see the current verdict on the stock’s main page for TrendMatrix’s live read.

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