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

Sleep Number

04/11/2023 03:05

* Sleep Number Corp  SNBR.OQ   SNBR.O  is expected to show a
fall
in quarterly revenue when it reports  results 
    * The Minneapolis Minnesota-based  company is expected to
report 
a 5.3% decrease in revenue to $511.816 million from $540.57
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data. 
    * ​Refinitiv's mean analyst estimate for Sleep Number Corp
is for
earnings of 17 cents per share. The company's EPS guidance on
July 27 2023, for the period ended September 30, was slightly
less than 0.22
    * 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 $23​, above​ its last closing price of $16.73. ​​​

The company's guidance on July 27 2023 for the period ended
September 30 was for gross profit margin of 58%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Sep. 30 2022  0.08        0.06       0.22      Beat    279.3
 ​​Jun.        0.55        0.62       1.54      Beat    150
 30 2022                                                
 Mar. 31 2022  0.32        0.33       0.09      Missed  -72.6​
 Dec. 31 2021  1.58        1.59       0.47      Missed  -70.4
 Sep. 30 2021  1.44        1.44       2.22      Beat    54.7
 This summary was machine generated November 4 at 03:05 GMT.  All
figures in US dollars  unless otherwise stated