Tempur Sealy International Inc reports results for the quarter ended in September 30 - Earnings Summary

Reuters11-07

* Tempur Sealy International Inc reported quarterly adjusted earnings of 82 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 77 cents. The mean expectation of eleven analysts for the quarter was for earnings of 81 cents per share. Wall Street expected results to range from 78 cents to 84 cents per share.

* Revenue rose 1.8% to $1.30 billion from a year ago; analysts expected $1.29 billion.

* Tempur Sealy International Inc's reported EPS for the quarter was 73 cents​.

* The company reported quarterly net income of $130 million.

* Tempur Sealy International Inc shares had fallen by 8.7% this quarter and lost 2.2% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts had fallen by about 1% in the last three months.​

* In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

* The average consensus recommendation for the home furnishings peer group is also "buy"

Wall Street's median 12-month price target for Tempur Sealy International Inc is 57.50 This summary was machine generated from LSEG data November 7 at 02:43 p.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 0.81 0.82 Beat

Jun. 30 2024 0.64 0.63 Missed

Mar. 31 2024 0.48 0.50 Beat

Dec. 31 2023 0.54 0.53 Missed

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