Sleep Number (NASDAQ:SNBR) will release its earnings data after the market closes on Wednesday, October 24th. Analysts expect Sleep Number to post earnings of $0.70 per share for the quarter. Sleep Number has set its FY18 guidance at $1.70-2.00 EPS.

Sleep Number (NASDAQ:SNBR) last posted its quarterly earnings data on Wednesday, July 25th. The company reported $0.02 earnings per share (EPS) for the quarter. The business had revenue of $316.34 million during the quarter, compared to the consensus estimate of $314.81 million. Sleep Number had a return on equity of 115.80% and a net margin of 4.47%. The firm’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.02) earnings per share. On average, analysts expect Sleep Number to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

SNBR opened at $32.27 on Tuesday. The firm has a market capitalization of $1.12 billion, a price-to-earnings ratio of 21.66, a PEG ratio of 0.96 and a beta of 1.15. Sleep Number has a 12-month low of $26.22 and a 12-month high of $40.72.

A number of research firms have issued reports on SNBR. BidaskClub downgraded Sleep Number from a “strong-buy” rating to a “buy” rating in a report on Tuesday, October 9th. ValuEngine cut Sleep Number from a “buy” rating to a “hold” rating in a research report on Tuesday, October 9th. Zacks Investment Research raised Sleep Number from a “hold” rating to a “buy” rating and set a $41.00 price objective on the stock in a research report on Wednesday, September 26th. TheStreet cut Sleep Number from a “b-” rating to a “c” rating in a research report on Thursday, July 26th. Finally, Stifel Nicolaus dropped their price objective on Sleep Number from $47.00 to $43.00 and set a “buy” rating on the stock in a research report on Thursday, July 26th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the stock. Sleep Number presently has a consensus rating of “Hold” and an average target price of $35.25.

In other Sleep Number news, SVP Joseph Hunter Saklad sold 7,912 shares of the company’s stock in a transaction on Thursday, August 16th. The stock was sold at an average price of $31.05, for a total value of $245,667.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO David R. Callen bought 1,000 shares of the stock in a transaction on Monday, July 30th. The stock was purchased at an average price of $27.88 per share, with a total value of $27,880.00. The disclosure for this purchase can be found here. 4.30% of the stock is currently owned by corporate insiders.

About Sleep Number

Sleep Number Corporation, together with its subsidiaries, provides sleep solutions and services in the United States. It designs, manufactures, markets, retails, and services beds, bases, and bedding accessories under the Sleep Number name. The company also offers adjustable bases under the FlextFit name; and pillows and sheets, as well as other bedding products, including mattresses, box springs, and foundations under the Sleep Number name.

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Earnings History for Sleep Number (NASDAQ:SNBR)

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