Sleep Number Corp (NASDAQ: SNBR) has reported a loss for its third fiscal quarter (ending September 30) of $-0.10 versus $0.23 for the same period a year ago — a decline of -143%. This performance was $-0.28 short of the consensus estimate of $0.18. E.P.S. were $0.20 for the latest four quarters through September 30 versus $2.36 for the same period a year ago — a decline of -92%.
Recent Price Action
On 11/7/23, Sleep Number Corp (NASDAQ: SNBR) stock declined by -1.4%, closing at $16.03. Relative to the market the stock has been weak over the last nine months and has declined -0.6% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be below the cost of capital, SNBR is expected to be a major Value Eraser.
Sleep Number is currently unrated.
Rating Review
The stock is currently unrated.