Tempur Sealy International (NYSE:TPX – Get Free Report) released its quarterly earnings data on Tuesday. The company reported $0.63 EPS for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.01), Briefing.com reports. The business had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.28 billion. Tempur Sealy International had a return on equity of 168.59% and a net margin of 7.32%. The business’s revenue for the quarter was down 2.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.58 EPS. Tempur Sealy International updated its FY24 guidance to $2.45-$2.65 EPS and its FY 2024 guidance to 2.450-2.650 EPS.
Tempur Sealy International Stock Performance
Shares of NYSE:TPX traded down $0.43 on Wednesday, hitting $47.80. The company’s stock had a trading volume of 2,115,646 shares, compared to its average volume of 1,713,199. Tempur Sealy International has a 12 month low of $36.12 and a 12 month high of $57.13. The stock’s 50-day moving average is $49.29 and its two-hundred day moving average is $51.17. The company has a debt-to-equity ratio of 7.74, a quick ratio of 0.70 and a current ratio of 1.21. The company has a market capitalization of $8.30 billion, a price-to-earnings ratio of 23.66, a price-to-earnings-growth ratio of 1.59 and a beta of 1.60.
Tempur Sealy International Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 29th. Investors of record on Thursday, August 15th will be given a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 1.09%. The ex-dividend date of this dividend is Thursday, August 15th. Tempur Sealy International’s dividend payout ratio is currently 25.74%.
Analyst Ratings Changes
Check Out Our Latest Report on Tempur Sealy International
About Tempur Sealy International
Tempur Sealy International, Inc, together with its subsidiaries, designs, manufactures, distributes, and retails bedding products in the United States and internationally. It provides mattresses, foundations and adjustable foundations, and adjustable bases, as well as other products comprising pillows, mattress covers, sheets, cushions, and various other accessories and comfort products under the Tempur-Pedic, Sealy, Stearns & Foster, Sealy, and Cocoon by Sealy brand names.
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