Sleep Number (SNBR) Expected to Announce Earnings on Thursday

Sleep Number (NASDAQ:SNBR) will likely be releasing its earnings data before the market opens on Thursday, February 27th. Analysts expect Sleep Number to post earnings of ($0.23) per share and revenue of $389.75 million for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Sleep Number Stock Performance

NASDAQ:SNBR opened at $15.37 on Thursday. The stock has a market capitalization of $343.83 million, a P/E ratio of -8.49 and a beta of 2.09. The company has a 50 day moving average price of $16.86 and a 200 day moving average price of $15.65. Sleep Number has a fifty-two week low of $8.13 and a fifty-two week high of $20.75.

Wall Street Analysts Forecast Growth

SNBR has been the subject of a number of research analyst reports. Piper Sandler lowered their price objective on shares of Sleep Number from $16.00 to $12.00 and set a “neutral” rating for the company in a research report on Thursday, October 31st. StockNews.com raised shares of Sleep Number from a “hold” rating to a “buy” rating in a research report on Thursday, January 9th.

About Sleep Number

Sleep Number Corporation, together with its subsidiaries, offers sleep solutions and services in the United States. The company designs, manufactures, markets, retails, and services beds, pillows, sheets, and other bedding products under the Sleep Number name. It also provides smart adjustable bases under the FlextFit brand, and smart beds under the Climate 360 name.