Sleep Number Corp expected to post earnings of 30  cents a share - Earnings Preview

Sleep Number

25/04/2023 03:03

* Sleep Number Corp  SNBR.OQ   SNBR.O  is expected to show a
rise
in quarterly revenue when it reports  results on April 26. 
    * The Minneapolis Minnesota-based  company is expected to
report 
a 1.1% increase in revenue to $533.108 million from $527.13
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. The company's guidance on
February 22 2023, for the period ended March 31, was for revenue
between $527.13 million and $537.67 million.
    * ​Refinitiv's mean analyst estimate for Sleep Number Corp
is for
earnings of 30 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 had fallen by
about 54.3%
in the last three months. ​
    * Wall Street's median 12-month price target for Sleep
Number Corp
is $31​, above​ its last closing price of $24.54. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  0.55        0.62       1.54      Beat    150​
 Mar. 31 2022  0.32        0.33       0.09      Missed  -72.6
 ​​Dec.        1.58        1.59       0.47      Missed  -70.4
 31 2021                                                
 Sep. 30 2021  1.44        1.44       2.22      Beat    54.7​
 Jun. 30 2021  1.09        1.16       0.88      Missed  -23.8
 Mar. 31 2021  1.81        1.83       2.51      Beat    37.2
 This summary was machine generated April 25 at 02:02 GMT.  All
figures in US dollars  unless otherwise stated