Sleep Number Corp <SNBR.OQ> expected to post a loss of 23 cents a share - Earnings Preview

• Sleep Number Corp SNBR.OQ SNBR.O is expected to show a fall in quarterly revenue when it reports results on February 20 (estimated) for the period ending December 31 2024

• The Minneapolis Minnesota-based company is expected to report a 9.3% decrease in revenue to $389.75 million from $429.52 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.The company's guidance on October 30 2024, for the period ended December 31, was for revenue between $390.86 million and $399.45 million. (Sales/Revenue Majority Basis is on Net Sales)

• ​LSEG's mean analyst estimate for Sleep Number Corp is for a loss of 23 cents per share.

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 5 "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 Sleep Number Corp is $13.00​, below​ its last closing price of $18.40. ​​​

The company's guidance on October 30 2024 for the period ended December 31 was for Earnings before Interest, Taxes, Depreciation and Amortization of of USD25 million.The company's guidance on October 30 2024 for the period ended December 31 was for gross profit margin between USD59% and USD60%.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

This summary was machine generated February 18 at 11:03 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)