Sleep Number (SNBR) Set to Announce Earnings on Wednesday
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.
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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