Sleep Number Corp expected to post a loss of 1 cent a share - Earnings Preview

Sleep Number

26/07/2023 24:35

* Sleep Number Corp  SNBR.OQ   SNBR.O  is expected to show a
fall
in quarterly revenue when it reports  results on July 27. 
    * The Minneapolis Minnesota-based  company is expected to
report 
a 14.1% decrease in revenue to $471.388 million from $549.07
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Sleep Number Corp
is for
a loss of 1 cent per share. 
    * 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 mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Sleep
Number Corp
is $33​, below​ its last closing price of $38.41. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.35        0.30       0.51      Beat    68.9
 Dec. 31 2023  -0.24       -0.22      -0.24     Missed  -11.1
 Sep. 30 2022  0.08        0.06       0.22      Beat    279.3​
 Jun. 30 2022  0.55        0.62       1.54      Beat    150
 ​​Mar.        0.32        0.33       0.09      Missed  -72.6
 31 2022                                                
 Dec. 31 2021  1.58        1.59       0.47      Missed  -70.4​
 Sep. 30 2021  1.44        1.44       2.22      Beat    54.7
 Jun. 30 2021  1.09        1.16       0.88      Missed  -23.8
 This summary was machine generated July 25 at 23:35 GMT.  All
figures in US dollars  unless otherwise stated