Yahoo Finance Tempur Sealy International Third Quarter 2022 Earnings: EPS Misses Expectations
Tempur Sealy International (NYSE:TPX) Third Quarter 2022 Results
Key Financial Results
Revenue: US$1.28b (down 5.5% from 3Q 2021).
Net income: US$133.5m (down 25% from 3Q 2021).
Profit margin: 10% (down from 13% in 3Q 2021). The decrease in margin was driven by lower revenue.
EPS: US$0.78 (down from US$0.91 in 3Q 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Tempur Sealy International EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.8%.
Looking ahead, revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 1.2% decline forecast for the Consumer Durables industry in the US.
Performance of the American Consumer Durables industry.
The company's shares are up 9.6% from a week ago.
Risk Analysis
Before you take the next step you should know about the 2 warning signs for Tempur Sealy International (1 is a bit unpleasant!) that we have uncovered.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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