Sleep Number Corp expected to post a loss of 17 cents a share - Earnings Preview

Sleep Number

29/10/2024 03:08

* Sleep Number Corp  SNBR.OQ   SNBR.O  is expected to show a
fall
in quarterly revenue when it reports  results on October 30 for
the period ending September 30 2024
    * The Minneapolis Minnesota-based  company is expected to
report a
5.6% decrease in revenue to $445.962 million from $472.65
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.The company's guidance on July 31
2024, for the period ended September 30, was for revenue between
$449.02 million and $463.20 million. (Sales/Revenue Majority
Basis is on Net Sales)
    * ​LSEG's mean analyst estimate for Sleep Number Corp is for
a
loss of 17 cents 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 $14.00​, above​ its last closing price of $13.55. ​​​

The company's guidance on July 31 2024 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD449.0156 million and
USD30 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  -0.42       -0.37      -0.22     Beat    40.2
 Mar. 31 2024  -0.28       -0.22      -0.33     Missed  -48.6
 Dec. 31 2023  -0.88       -0.88      -1.12     Missed  -27.6​
 Sep. 30 2023  0.17        0.17       -0.10     Missed  -158.8
 ​​Jan.        0.01        -0.01      0.03      Beat    314.3
 1 0001                                                 
 Mar. 31 2023  0.35        0.30       0.51      Beat    68.9​
 Dec. 31 2022  -0.24       -0.22      -0.24     Missed  -11.1
 Sep. 30 2022  0.08        0.06       0.22      Beat    279.3
 This summary was machine generated October 29 at 03:08 GMT.  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)