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

Sleep Number

26/10/2022 22:03

* Sleep Number Corp  SNBR.OQ  reported quarterly adjusted
earnings
of 22 cents​​ per share for the quarter ended in September. The
mean expectation of five analysts for the quarter was
for earnings of 6 cents per share.
    * Revenue fell 15.6% to $540.57 million from a year ago;
analysts
expected $529.35 million. 
    * Sleep Number Corp's reported EPS for the quarter was 22
cents​.
    * The mean earnings estimate of analysts had fallen by
about 93.5%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Sleep Number Corp shares had risen by 6.3% this
quarter and
lost 53.1% so far this year.
    * The company reported quarterly net income of $5.03
million.
    * Wall Street's median 12-month price target for Sleep
Number Corp
is $36.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data October
26 at 09:03 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.06           0.22           Beat
 Jun. 30 2022      0.62           1.54           Beat
 Mar. 31 2022      0.33           0.09           Missed
 Dec. 31 2021      1.59           0.47           Missed