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Here's What Key Metrics Tell Us About Tempur Sealy (TPX) Q2 Earnings
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For the quarter ended June 2024, Tempur Sealy (TPX - Free Report) reported revenue of $1.23 billion, down 2.8% over the same period last year. EPS came in at $0.63, compared to $0.58 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $1.27 billion, representing a surprise of -3.07%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.63.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Tempur Sealy performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Sales- International
: $255.20 million compared to the $256.26 million average estimate based on three analysts. The reported number represents a change of +0.9% year over year.
Net Sales- North America
: $978.40 million versus $1.02 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -3.8% change.
Net Sales- North America- Direct
: $123.60 million versus the two-analyst average estimate of $121.40 million. The reported number represents a year-over-year change of +2.3%.
Net Sales- International- Direct
: $159.50 million compared to the $159.20 million average estimate based on two analysts. The reported number represents a change of -0.1% year over year.
Net Sales- International- Wholesale
: $95.70 million versus the two-analyst average estimate of $94.24 million. The reported number represents a year-over-year change of +2.7%.
Net Sales- North America- Wholesale
: $854.80 million versus $895.85 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -4.6% change.
Net Sales- Direct
: $283.10 million versus $280.60 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +0.9% change.
Net Sales- Wholesale
: $950.50 million versus $990.09 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -3.9% change.
Shares of Tempur Sealy have returned +2.4% over the past month versus the Zacks S&P 500 composite's -6.7% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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Here's What Key Metrics Tell Us About Tempur Sealy (TPX) Q2 Earnings
For the quarter ended June 2024, Tempur Sealy (TPX - Free Report) reported revenue of $1.23 billion, down 2.8% over the same period last year. EPS came in at $0.63, compared to $0.58 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $1.27 billion, representing a surprise of -3.07%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.63.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Tempur Sealy performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
View all Key Company Metrics for Tempur Sealy here>>>Net Sales- International
: $255.20 million compared to the $256.26 million average estimate based on three analysts. The reported number represents a change of +0.9% year over year.Net Sales- North America
: $978.40 million versus $1.02 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -3.8% change.Net Sales- North America- Direct
: $123.60 million versus the two-analyst average estimate of $121.40 million. The reported number represents a year-over-year change of +2.3%.Net Sales- International- Direct
: $159.50 million compared to the $159.20 million average estimate based on two analysts. The reported number represents a change of -0.1% year over year.Net Sales- International- Wholesale
: $95.70 million versus the two-analyst average estimate of $94.24 million. The reported number represents a year-over-year change of +2.7%.Net Sales- North America- Wholesale
: $854.80 million versus $895.85 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -4.6% change.Net Sales- Direct
: $283.10 million versus $280.60 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +0.9% change.Net Sales- Wholesale
: $950.50 million versus $990.09 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -3.9% change.Shares of Tempur Sealy have returned +2.4% over the past month versus the Zacks S&P 500 composite's -6.7% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.