Tempur Sealy Currently Expects FY24 Adjusted EPS Of $2.60-$2.90 (Est $2.80); Current Sales Outlook For Low To Mid Single Digit Y/Y Growth
Portfolio Pulse from Benzinga Newsdesk
Tempur Sealy anticipates its FY24 adjusted EPS to be in the range of $2.60-$2.90, aligning with an estimated $2.80. The company also forecasts a year-over-year sales growth in the low to mid single digits.
February 08, 2024 | 11:47 am
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Tempur Sealy projects FY24 adjusted EPS of $2.60-$2.90, in line with the $2.80 estimate, and anticipates low to mid single-digit Y/Y sales growth.
The company's guidance aligns with market estimates, indicating management's confidence in achieving these targets. This positive outlook, especially in terms of sales growth, could lead to increased investor confidence and potentially drive the stock price up in the short term.
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