Sleep Number Q3 2023 EPS $(0.10) Down From $0.22 YoY, Revenue $437M Misses $511.816M Estimate
Portfolio Pulse from Benzinga Newsdesk
Sleep Number's Q3 2023 earnings per share (EPS) is down to $(0.10) from $0.22 year over year. The company's revenue of $437M also missed the estimated $511.816M.
November 07, 2023 | 9:13 pm
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NEGATIVE IMPACT
Sleep Number's Q3 2023 earnings and revenue missed estimates, which could negatively impact the company's stock price.
Sleep Number's lower than expected earnings and revenue for Q3 2023 indicate a potential financial struggle for the company. This could lead to a decrease in investor confidence, which may negatively impact the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100