Tempur Sealy International, Inc. (NYSE:TPX) announced its earnings results on Thursday. The company reported $1.00 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.97 by $0.03, Bloomberg Earnings reports. Tempur Sealy International had a return on equity of 617.75% and a net margin of 6.69%. The firm had revenue of $724.80 million for the quarter, compared to the consensus estimate of $756.10 million. During the same period in the previous year, the business earned $1.32 EPS. The firm’s revenue for the quarter was down 12.9% on a year-over-year basis.

Several research analysts recently weighed in on the company. Zacks Investment Research downgraded Tempur Sealy International from a “buy” rating to a “hold” rating in a research note on Thursday, October 5th. ValuEngine upgraded Tempur Sealy International from a “hold” rating to a “buy” rating in a research note on Saturday, September 30th. SunTrust Banks, Inc. restated a “hold” rating and set a $60.00 target price on shares of Tempur Sealy International in a research note on Monday, October 2nd. Stifel Nicolaus upgraded Tempur Sealy International from a “hold” rating to a “buy” rating and boosted their target price for the stock from $60.00 to $80.00 in a research note on Tuesday, August 22nd. Finally, Piper Jaffray Companies set a $61.00 price target on Tempur Sealy International and gave the stock a “hold” rating in a research report on Thursday, July 27th. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating, three have given a buy rating and two have assigned a strong buy rating to the company’s stock. Tempur Sealy International presently has a consensus rating of “Hold” and a consensus price target of $63.00.

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About Tempur Sealy International

Tempur Sealy International, Inc is a bedding manufacturer. The Company develops, manufactures, markets and distributes bedding products. The Company operates in two segments: North America and International. The North America segment consists of Tempur and Sealy manufacturing and distribution subsidiaries, joint ventures and licensees located in the United States and Canada.

Earnings History for Tempur Sealy International (NYSE:TPX)

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