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Tempur Sealy International Inc expected to post earnings of 49 cents a share - Earnings Preview

* Tempur Sealy International Inc  TPX.N   TPX  is expected
to show
a rise in quarterly revenue when it reports  results on May 7
for the period ending March 31 2024
    * The Lexington Kentucky-based  company is expected to
report a
0.4% increase in revenue to $1.213 billion from $1.21 billion a
year ago, according to the mean estimate from 11 analysts, based
on LSEG data. (Sales/Revenue Majority Basis is on Net Sales)
    * ​LSEG's mean analyst estimate for Tempur Sealy
International Inc
is for earnings of 49 cents per share. The company's EPS
guidance on February 8 2024, for the period ended March 31, was
between $0.45 and $0.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Tempur
Sealy
International Inc is $64.00​, above​ its last closing price
of $50.42. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.55        0.54       0.53      Missed  -2.6
 Sep. 30 0001  0.81        0.81       0.77      Missed  -5.1
 Jun. 30 2023  0.56        0.56       0.58      Beat    3.2​
 Jan. 1 0001   0.51        0.51       0.53      Beat    3.6
 ​​Dec.        0.51        0.52       0.54      Beat    4
 31 2022                                                
 Sep. 30 2022  0.75        0.75       0.78      Beat    4.1​
 Jun. 30 2022  0.58        0.59       0.58      Missed  -2
 Jan. 1 0001   0.61        0.60       0.69      Beat    14.1
 This summary was machine generated May 3 at 14:00 GMT.  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)

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