Tempur Sealy Intl (NYSE:TPX) reported its Q4 earnings results on Tuesday, February 22, 2022 at 06:40 AM.
Here's what investors need to know about the announcement.
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Earnings
Tempur Sealy Intl missed estimated earnings by 7.37%, reporting an EPS of $0.88 versus an estimate of $0.95.
Revenue was up $302.60 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.04 which was followed by a 1.29% drop in the share price the next day.
Here's a look at Tempur Sealy Intl's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.84 | 0.56 | 0.52 | 0.52 |
| EPS Actual | 0.88 | 0.79 | 0.64 | 0.67 |
| Revenue Estimate | 1.34B | 1.14B | 1.01B | 988.04M |
| Revenue Actual | 1.36B | 1.17B | 1.04B | 1.06B |
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 their next quarter, expecting earnings between $3.65 and $3.85 per share for the next quarter.
This represents a 326.14% in quarter-over-quarter growth for Tempur Sealy Intl, a bullish signal to many investors.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
