Tempur Sealy Intl (NYSE:TPX) reported its Q1 earnings results on Thursday, April 28, 2022 at 06:40 AM.
Here's what investors need to know about the announcement.
Earnings
Tempur Sealy Intl beat estimated earnings by 15.0%, reporting an EPS of $0.69 versus an estimate of $0.6.
Revenue was up $196.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.07 which was followed by a 5.44% increase in the share price the next day.
Here's a look at Tempur Sealy Intl's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.95 | 0.84 | 0.56 | 0.52 |
| EPS Actual | 0.88 | 0.88 | 0.79 | 0.64 |
| Revenue Estimate | 1.45B | 1.34B | 1.14B | 1.01B |
| Revenue Actual | 1.36B | 1.36B | 1.17B | 1.04B |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Tempur Sealy Intl management provided guidance for FY 2022, expecting earnings between $3.2 and $3.4 per share.
To track all earnings releases for Tempur Sealy Intl visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
