Sleep Number Corp reports results for the quarter ended in September 30 - Earnings Summary

Sleep Number

31/10/2024 02:33

* Sleep Number Corp  SNBR.OQ  reported a quarterly adjusted
loss
of 14 cents​​ per share for the quarter ended September 30,
lower than the same quarter last year, when the company reported
EPS of -10 cents.  The mean expectation of five analysts for the
quarter was for a loss of 17 cents per share. Wall Street
expected results to range from -26 cents to -2 cents per share.
    * Revenue fell 9.7% to $426.62 million from a year ago;
analysts
expected $445.96 million. 
    * Sleep Number Corp's reported EPS for the quarter was a
loss
of 14 cents​.
    * The company reported a quarterly loss of $3.14 million.
    * Sleep Number Corp shares had fallen by 27.1% this
quarter and
lost 10.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 4.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the home
furnishings
peer group is also "hold"

Wall Street's median 12-month price target for Sleep Number Corp
is 14.00 
This summary was machine generated from LSEG data October 31 at
02:33 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      -0.17          -0.14          Beat
 Jun. 30 2024      -0.37          -0.22          Beat
 Mar. 31 2024      -0.22          -0.33          Missed
 Dec. 31 2023      -0.88          -1.12          Missed