Leggett & Platt (NYSE: LEG) reported earnings on July 25. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended June 30 (Q2), Leggett & Platt missed estimates on revenues and missed estimates on earnings per share.

Compared to the prior-year quarter, revenue expanded slightly. Non-GAAP earnings per share expanded. GAAP earnings per share increased.

Margins expanded across the board.

Revenue details
Leggett & Platt logged revenue of $958.8 million. The five analysts polled by S&P Capital IQ expected to see revenue of $987.8 million on the same basis. GAAP reported sales were the same as the prior-year quarter's.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.44. The six earnings estimates compiled by S&P Capital IQ forecast $0.45 per share. Non-GAAP EPS of $0.44 for Q2 were 13% higher than the prior-year quarter's $0.39 per share. (The prior-year quarter included $0.02 per share in earnings from discontinued operations.) GAAP EPS of $0.49 for Q2 were 8.9% higher than the prior-year quarter's $0.45 per share. (The prior-year quarter included $0.02 per share in earnings from discontinued operations.)

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 20.8%, 90 basis points better than the prior-year quarter. Operating margin was 10.3%, 90 basis points better than the prior-year quarter. Net margin was 7.4%, 50 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $1.01 billion. On the bottom line, the average EPS estimate is $0.46.

Next year's average estimate for revenue is $3.83 billion. The average EPS estimate is $1.62.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 221 members out of 263 rating the stock outperform, and 42 members rating it underperform. Among 88 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 79 give Leggett & Platt a green thumbs-up, and nine give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Leggett & Platt is hold, with an average price target of $34.00.

Looking for alternatives to Leggett & Platt? It takes more than great companies to build a fortune for the future. Learn the basic financial habits of millionaires next door and get focused stock ideas in our free report, "3 Stocks That Will Help You Retire Rich." Click here for instant access to this free report.