04:19 AM EDT, 10/29/2024 (MT Newswires) -- Leggett & Platt ( LEG ) reported Q3 adjusted earnings late Monday of $0.32 per diluted share, down from $0.36 a year earlier.

Four analysts polled by Capital IQ expected $0.33.

Revenue for the quarter ended was $1.10 billion compared with $1.18 billion a year earlier.

Four analysts surveyed by Capital IQ expected $1.10 billion.

The company lowered its 2024 adjusted EPS guidance to be in the range of $1 to $1.10 from the prior range of $1.10 to $1.25. Analysts surveyed by Capital IQ expect $1.14.

Meanwhile, revenue for the year is now projected to be down mid-single digits, compared with the prior guidance of down low to mid-single digits. Analysts polled by Capital IQ expect $4.40 billion.

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