Tempur Sealy Intl Lowers FY2023 Adj EPS Guidance from $2.50-$2.70 to $2.30-$2.50 vs $2.60 Est
Portfolio Pulse from Benzinga Newsdesk
Tempur Sealy Intl (NYSE:TPX) has lowered its FY2023 adjusted EPS guidance from $2.50-$2.70 to $2.30-$2.50, which is below the analyst estimate of $2.60.
November 02, 2023 | 10:44 am
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Tempur Sealy Intl's lowered FY2023 adjusted EPS guidance may negatively impact its stock price in the short term.
Tempur Sealy Intl has lowered its FY2023 adjusted EPS guidance, which is a key indicator of a company's profitability. This is below the analyst estimate, which could lead to a negative market reaction and a potential decrease in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100