Tempur Sealy International, Inc. (NYSE:TPX) issued its earnings results on Thursday. The company reported $1.00 EPS for the quarter, beating the Zacks’ consensus estimate of $0.97 by $0.03, Bloomberg Earnings reports. The firm had revenue of $724.80 million for the quarter, compared to analyst estimates of $756.10 million. Tempur Sealy International had a return on equity of 617.75% and a net margin of 6.69%. Tempur Sealy International’s revenue for the quarter was down 12.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.32 earnings per share.

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TPX has been the topic of a number of recent research reports. Bank of America Corporation reiterated a “buy” rating and issued a $85.00 target price (up previously from $75.00) on shares of Tempur Sealy International in a research report on Wednesday, August 30th. Zacks Investment Research upgraded Tempur Sealy International from a “hold” rating to a “buy” rating and set a $68.00 target price on the stock in a research report on Friday, September 8th. Stifel Nicolaus reiterated a “hold” rating and issued a $47.00 target price on shares of Tempur Sealy International in a research report on Friday, July 14th. Piper Jaffray Companies set a $61.00 target price on Tempur Sealy International and gave the company a “hold” rating in a research report on Thursday, July 27th. Finally, BidaskClub upgraded Tempur Sealy International from a “buy” rating to a “strong-buy” rating in a research report on Monday, July 31st. Three analysts have rated the stock with a sell rating, eight have given a hold rating, three have issued a buy rating and two have issued a strong buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $63.00.

Tempur Sealy International Company Profile

Tempur Sealy International, Inc is a bedding manufacturer. The Company develops, manufactures, markets and distributes bedding products. The Company operates in two segments: North America and International. The North America segment consists of Tempur and Sealy manufacturing and distribution subsidiaries, joint ventures and licensees located in the United States and Canada.

Earnings History for Tempur Sealy International (NYSE:TPX)

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