Sleep Number Corp reports results for the quarter ended in June - Earnings Summary

Sleep Number

27/07/2022 22:03

* Sleep Number Corp  SNBR.OQ  reported quarterly adjusted
earnings
of $1.54​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for earnings of
62 cents per share.
    * Revenue rose 13.4% to $549.07 million from a year ago;
analysts
expected $506.14 million. 
    * Sleep Number Corp's reported EPS for the quarter was
$1.54​.
    * The mean earnings estimate of analysts had fallen by
about 24.7%
in the last three months.​ 
    * In the last 30 days four analysts negatively revised
earnings
estimates 
    * Sleep Number Corp shares had risen by 14.4% this
quarter and
lost 53.8% so far this year.
    * The company reported quarterly net income of $34.93
million.
    * Wall Street's median 12-month price target for Sleep
Number Corp
is $40.00 
    * 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." 

This summary was machine generated from Refinitiv data July 27
at 09:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.62           1.54           Beat
 Mar. 31 2022      0.33           0.09           Missed
 Dec. 31 2021      1.59           0.47           Missed
 Sep. 30 2021      1.44           2.22           Beat