* Sleep Number Corp reported a quarterly adjusted loss of 14 cents per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of -10 cents. The mean expectation of five analysts for the quarter was for a loss of 17 cents per share. Wall Street expected results to range from -26 cents to -2 cents per share.
* Revenue fell 9.7% to $426.62 million from a year ago; analysts expected $445.96 million.
* Sleep Number Corp's reported EPS for the quarter was a loss of 14 cents.
* The company reported a quarterly loss of $3.14 million.
* Sleep Number Corp shares had fallen by 27.1% this quarter and lost 10.0% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 4.5% in the last three months.
* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the home furnishings peer group is also "hold"
Wall Street's median 12-month price target for Sleep Number Corp is 14.00 This summary was machine generated from LSEG data October 31 at 02:33 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 -0.17 -0.14 Beat
Jun. 30 2024 -0.37 -0.22 Beat
Mar. 31 2024 -0.22 -0.33 Missed
Dec. 31 2023 -0.88 -1.12 Missed
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