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

Sleep Number

26/04/2023 22:02

* Sleep Number Corp  SNBR.OQ  reported quarterly adjusted
earnings
of 51 cents​​ per share for the quarter ended in March. The mean
expectation of five analysts for the quarter was for earnings of
30 cents per share.
    * Revenue fell 0.1% to $526.53 million from a year ago;
analysts
expected $533.11 million. 
    * Sleep Number Corp's reported EPS for the quarter was 51
cents​.
    * The mean earnings estimate of analysts had fallen by
about 31.4%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Sleep Number Corp shares had fallen by 17.4% this
quarter and
lost 3.3% so far this year.
    * The company reported quarterly net income of $11.47
million.
    * Wall Street's median 12-month price target for Sleep
Number Corp
is $31.00 
    * 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 LSEG Refinitiv data
April 26 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.30           0.51           Beat
 Dec. 31 2022      -0.22          -0.24          Missed
 Sep. 30 2022      0.06           0.22           Beat
 Jun. 30 2022      0.62           1.54           Beat