Tempur Sealy International (NYSE:TPX) posted its quarterly earnings data on Thursday. The company reported $2.94 EPS for the quarter, beating the Zacks’ consensus estimate of $2.20 by $0.74, MarketWatch Earnings reports. Tempur Sealy International had a net margin of 6.36% and a return on equity of 88.49%. The business had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.07 billion. During the same quarter last year, the business earned $1.30 earnings per share. The business’s revenue for the quarter was up 37.9% on a year-over-year basis.
Tempur Sealy International stock opened at $86.13 on Friday. The company has a 50 day moving average price of $89.47 and a 200 day moving average price of $74.18. Tempur Sealy International has a 52 week low of $22.00 and a 52 week high of $100.39. The company has a debt-to-equity ratio of 6.00, a quick ratio of 0.69 and a current ratio of 0.94. The firm has a market capitalization of $4.44 billion, a price-to-earnings ratio of 23.28, a P/E/G ratio of 0.61 and a beta of 2.08.
Tempur Sealy International’s stock is scheduled to split before the market opens on Tuesday, November 24th. The 4-1 split was announced on Thursday, October 29th. The newly issued shares will be issued to shareholders after the closing bell on Monday, November 23rd.
Tempur Sealy International Company Profile
Tempur Sealy International, Inc, together with its subsidiaries, develops, manufactures, markets, and distributes bedding products in the United States, Canada, and internationally. It provides mattresses, foundations and adjustable foundations, and adjustable bases, as well as other products comprising pillows, mattress covers, sheets, cushions, and various other accessories and comfort products under the TEMPUR, Tempur-Pedic, Sealy, Comfort Revolution, and Stearns & Foster brands.
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