Sleep Number Corp expected to post a loss of 23 cents a share - Earnings Preview

Sleep Number

18/02/2025 11:03

* Sleep Number Corp  SNBR.OQ   SNBR.O  is expected to show a
fall
in quarterly revenue when it reports  results on February 20
(estimated) for the period ending December 31 2024
    * The Minneapolis Minnesota-based  company is expected to
report a
9.3% decrease in revenue to $389.75 million from $429.52 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.The company's guidance on October 30 2024,
for the period ended December 31, was for revenue between
$390.86 million and $399.45 million. (Sales/Revenue Majority
Basis is on Net Sales)
    * ​LSEG's mean analyst estimate for Sleep Number Corp is for
a
loss of 23 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 $13.00​, below​ its last closing price of $18.40. ​​​

The company's guidance on October 30 2024 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of of USD25 million.The company's
guidance on October 30 2024 for the period ended December 31 was
for gross profit margin between USD59% and USD60%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  -0.19       -0.17      -0.14     Beat    16.7
 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.        0.17        0.17       -0.10     Missed  -158.8
 30 2023                                                
 Jun. 30 2023  0.01        -0.01      0.03      Beat    314.3​
 Mar. 31 2023  0.35        0.30       0.51      Beat    68.9
 Dec. 31 2022  -0.24       -0.22      -0.24     Missed  -11.1
 This summary was machine generated February 18 at 11:03 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)