Alert: New Earnings Report (11/7/23)-Sleep Number Corp (NASDAQ: SNBR).

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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%.

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Recent Price Action

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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.

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