Sleep Number (SNBR) to Release Earnings on Wednesday

Sleep Number (NASDAQ:SNBR) is scheduled to post its quarterly earnings results after the market closes on Wednesday, April 24th. Analysts expect Sleep Number to post earnings of ($0.41) per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Sleep Number (NASDAQ:SNBR) last posted its earnings results on Thursday, February 22nd. The company reported ($0.58) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.90) by $0.32. The business had revenue of $429.52 million for the quarter, compared to analysts’ expectations of $415.70 million. Sleep Number had a negative net margin of 0.81% and a negative return on equity of 1.05%. On average, analysts expect Sleep Number to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Sleep Number Stock Down 2.9 %

NASDAQ SNBR opened at $13.21 on Tuesday. The stock has a market cap of $294.98 million, a P/E ratio of -19.43 and a beta of 1.96. The company’s 50-day simple moving average is $14.14 and its 200 day simple moving average is $13.95. Sleep Number has a twelve month low of $9.00 and a twelve month high of $39.98.

Analysts Set New Price Targets

Separately, Wedbush reissued a “neutral” rating and issued a $13.50 target price on shares of Sleep Number in a research note on Wednesday, April 17th.

Sleep Number Company Profile

Sleep Number Corporation, together with its subsidiaries, offers sleep solutions and services in the United States. The company designs, manufactures, markets, retails, and services beds, pillows, sheets, and other bedding products under the Sleep Number name. It also provides smart adjustable bases under the FlextFit brand, and smart beds under the Climate 360 name.