Somnigroup International Inc. reports results for the quarter ended June 30 - Earnings Summary
Somnigroup International Inc. reports results for the quarter ended June 30 - Earnings Summary
Somnigroup International Inc. SGI.N reported quarterly adjusted earnings of 58 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 53 cents. The mean expectation of twelve analysts for the quarter was for earnings of 58 cents per share. Wall Street expected results to range from 54 cents to 59 cents per share.
Revenue fell 3% to $1.82 billion from a year ago; analysts expected $1.88 billion.
Somnigroup International Inc.'s reported EPS for the quarter was 52 cents.
The company reported quarterly net income of $110.9 million.
Somnigroup International Inc. shares had fallen by 11.3% this quarter and lost 22.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 8.5% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the home furnishings peer group is also "buy"
Wall Street's median 12-month price target for Somnigroup International Inc. is $95.00, about 26.8% above its last closing price of $69.58
This summary was machine generated from LSEG data August 6 at 01:31 p.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 |
Jun. 30 2026 | 0.58 | 0.58 | Met |
Mar. 31 2026 | 0.57 | 0.59 | Beat |
Dec. 31 2025 | 0.72 | 0.72 | Met |
Sep. 30 2025 | 0.86 | 0.95 | Beat |
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Somnigroup International Inc. reports results for the quarter ended June 30 - Earnings Summary
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