Tempur Sealy International Inc (NYSE: TPX) has reported earnings for its third fiscal quarter (ending September 30) of $0.66 versus $0.78 for the same period a year ago — a decline of -15%. Relative to the consensus estimate of $0.82, this was a shortfall of $-0.17. For the latest four quarters through September 30, E.P.S. were $2.28 versus $2.93 for the same period a year ago — a decline of -22%.
Recent Price Action
On 11/2/23, Tempur Sealy International Inc (NYSE: TPX) stock suffered a very large decline of -8.9%, closing at $36.80. Relative to the market the stock has been strong over the last nine months but has declined -5.4% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be below the cost of capital, TPX is expected to be a major Value Eraser.
Tempur Sealy is currently unrated.
Rating Review
The stock is currently unrated.
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