Leggett & Platt Shares Plunge 8% on 2022 Guidance Cut By Investing.com
© Reuters. By Davit Kirakosyan Leggett & Platt (NYSE:) shares plummeted more than 8% after-hours following the company’s 2022 EPS and revenue guidance cut. The company lowered its fiscal 2022 Sales guidance to $5.1-$5.2 billion from $5.2–$5.4 billion, primarily due to lower volume than previously expected. The consensus estimate stands at $5.32 billion. Full-year EPS …
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