Tempur Sealy Intl Q2 Adjusted EPS $0.58 Beats $0.55 Estimate, Sales $1.27B Beat $1.24B Estimate
Portfolio Pulse from Benzinga Newsdesk
Tempur Sealy Intl (NYSE:TPX) reported Q2 earnings of $0.58 per share, beating the analyst consensus estimate of $0.55 by 5.45%. The company also reported quarterly sales of $1.27 billion, beating the estimate of $1.24 billion by 2.40%. This represents a 4.85% increase over sales of $1.21 billion the same period last year.
August 04, 2023 | 12:50 pm
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POSITIVE IMPACT
Tempur Sealy Intl's Q2 earnings and sales beat estimates, which could lead to a positive short-term impact on its stock.
Tempur Sealy Intl reported better than expected Q2 earnings and sales. This positive financial performance could increase investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100