Leggett & Platt, Incorporated (LEG) CEO Karl Glassman on Q4 2019 Results - Earnings Call Transcript

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Q4: 2020-02-03 Earnings Summary

EPS of $0.68 beats by $0.02
 | Revenue of $1.14B (9.38% Y/Y) misses by $14.48M

Leggett & Platt, Incorporated (NYSE:LEG) Q4 2019 Earnings Conference Call February 4, 2020 8:30 AM ET

Company Participants

Wendy Watson - VP, IR
Karl Glassman - Chairman and CEO
Mitch Dolloff - President and COO
Jeff Tate - EVP and CFO
Susan McCoy - SVP, IR

Conference Call Participants

Susan Maklari - Goldman Sachs
Daniel Moore - CJS Securities
John Baugh - Stifel Nicolaus
Bobby Griffin - Raymond James
Keith Hughes - SunTrust Robinson Humphrey
Peter Keith - Piper Jaffray

Operator

Greetings, and welcome to the Leggett & Platt Fourth Quarter 2019 Earnings Conference Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, Ms. Wendy Watson, Vice President of Investor Relations for Leggett & Platt. Thank you. You may begin.

Wendy Watson

Good morning and thank you for taking part in Leggett & Platt fourth quarter 2019 conference call. I am Wendy Watson. With me today are Karl Glassman, Chairman and CEO; Mitch Dolloff, President and COO; Jeff Tate, Executive Vice President and Chief Financial Officer; and Susan McCoy, Senior Vice President of Investor Relations.

The agenda for our call this morning is as follows: Karl will start with a summary of the major statements we made in yesterday's press release; Jeff will discuss financial details and address our outlook for 2020, and finally, the group will answer any questions that you may have.

This conference call is being recorded for Leggett & Platt and is copyrighted material. This call may not be transcribed, recorded or broadcast, without our expressed permission. A replay is available from the IR portion of Leggett's Web site. We posted to the Investor Relations portion of the Web site yesterday's press release

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