Tempur Pedic International Earnings Preview: Can This Streak Continue?
Tempur Pedic International (NYSE:TPX) will report earnings after markets close on Thursday, May 2nd. Tempur-Pedic International Inc., through its primary subsidiary Tempur World, manufactures and markets foam mattresses, pillows, and miscellaneous products under the Tempur-Pedic and other brand names.
Here is your Cheat Sheet to Tempur Pedic International Earnings:
Earnings Expectations: Analysts expect earnings of $0.61 per share on revenues of $347.27 million. Currently, the company’s P/E ratio stands at 28.78.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.56 to a profit $0.67. For the current year, the average estimate is a profit of $2.92, which is better than the estimate ninety days ago.
Here’s how Tempur Pedic International has been performing on an annual basis:
|Revenue ($) in millions||927.82||831.16||1,105||1,418||1,403|
|Diluted EPS ($)||0.79||1.12||2.16||3.18||1.70|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||366.76||384.39||329.46||347.94||341.10|
|Diluted EPS ($)||0.8422||0.86||0.45||-0.03||0.3866|
Tempur Pedic International has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)