CARTHAGE, Mo. — Leggett & Platt Inc. recently raised its forecast for full-year profit and third-quarter results above Wall Street expectations.
Also, Standard & Poor’s on Friday upgraded Leggett to “hold” from “sell.”
The company said last week that it expects full-year profit of 65 cents to 75 cents per share.
S&P; analyst Ken Leon raised the firm’s 2009 profit estimate to 80 cents per share from 70 cents and upped its 2010 estimate to $1.20 from 95 cents.
