Tempur Sealy International Is A Stock To Watch Ahead Of Earnings

Tempur Sealy International (TPX) is expected to report earnings on Jul. 29. The stock is now trading 5% below the 41.13 buy point from a second-stage flat base that it cleared earlier.


Keep in mind that buying just before a stock reports can be risky. You don’t know how the stock will report and how the market will react, and you don’t have enough time to build a profit cushion. You can reduce your exposure by waiting to see the actual numbers and the market’s reaction.

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While earnings-per-share growth dropped in the company’s most recent performance report from 97% to 88%, revenue grew 27%, up from 21% in the prior report.

Analysts expect earnings growth of 180% for the quarter, and 43% growth for the full year. Annual EPS estimates were recently revised higher.

The company has a 98 Composite Rating and earns the No. 1 rank among its peers in the Household-Office Furniture industry group. Herman Miller Inc (MLHR) and Natuzzi Spa (NTZ) are also among the group’s highest-rated stocks.

Note: Dates for earnings reports are subject to change. Check the company’s website for any updates.


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