Tempur Sealy Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Portfolio Pulse from Avi Kapoor
Tempur Sealy International, Inc. (NYSE:TPX) is set to release its Q4 earnings on Feb. 8, 2024, with analysts forecasting earnings of 54 cents per share and revenue of $1.18 billion, slightly down from the previous year. Following weaker-than-expected Q3 results, TPX shares rose 1.1% recently. Analysts from Raymond James, Piper Sandler, Keybanc, Wedbush, and Truist Securities have provided updates on their ratings and price targets for TPX, with most showing optimism by raising their price targets.
February 08, 2024 | 6:41 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Tempur Sealy International, Inc. is anticipated to report Q4 earnings with stable earnings per share and a slight revenue decrease. Recent analyst ratings and price target adjustments reflect a positive outlook.
The anticipation of Tempur Sealy's Q4 earnings, coupled with recent positive analyst ratings and price target adjustments, suggests a bullish outlook for TPX in the short term. The slight revenue decrease is overshadowed by the overall positive sentiment from Wall Street's most accurate analysts, indicating potential for stock price appreciation.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100