Leggett & Platt (LEG) expects a Q4, largely non-cash, pre-tax charge of approximately $36M...

|About: Leggett & Platt Inc. (LEG)|By:, SA News Editor

Leggett & Platt (LEG) expects a Q4, largely non-cash, pre-tax charge of approximately $36M due to restructuring-related activity including the closure of certain manufacturing facilities. The charge will impact after-tax earnings only, therefore FY11 EPS expectations have not changed from prior $1.15 - 1.20 guidance issued in October.