SLEEP NUMBER CORP (SNBR)
EARNINGS RELEASE TUESDAY - OCTOBER 15 (AMC)
Ticker delayed 20 minutes
|Avg Daily Volume: 520,951 Market Cap: 1.35B|
Sector: None Short Interest: 32.23
THIS QTR: EPS: .79/share REV: 462.0/M
LAST QTR: EPS: .03/share ACTUAL: .14/share (BEAT)
NEXT QTR: EPS: .85/share REV: 423.0/M
FULL YR: EPS: 2.59/share REV: 1,670/M
*These are the base metrics we will be watching against the actual release numbers
BEAT/MISS RECORD: 65% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) 19.43, -19.84, 19.63
POTENTIAL JUMP MOVE: 15-20%
Links To Latest News and Headlines
New Strong Buy Stocks for October 19th
Shares of adjustable mattress manufacturer Sleep Number (NASDAQ: SNBR) were awake and alert late last week following the company’s release of its fiscal third quarter earnings. Sleep Number’s stock jumped ahead of its previous day’s close by 11% on Thursday, Oct. 15, and while falling slightly on Friday, it still closed out the week with a 14% gain. Operating margin jumped by nearly 500 basis points to 13.1%, as Sleep Number complemented its sales strength by holding operating expenses to a slight increase.
It's been a pretty great week for Sleep Number Corporation (NASDAQ:SNBR) shareholders, with its shares surging 14% to…
The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But on the bright side…
Sleep Number shows improving price performance, earning an upgrade to its IBD Relative Strength Rating.
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StockJumpers preliminary trajectory analysis has this a potential miss on some of the metrics and the market reaction is negative. We will be working the studies until end of day.
We are biased short at this time.
UPDATE: we remain biased short going into the release.
OUR TRADE PLAN:
ENTRY: SELL – end of day
STOP LOSS: NA
INITIAL PROFIT TARGET: 15%
TRADE ASSIST: YES
POST RELEASE ACTION:
There is a significant amount of data behind the scenes involved in the analysis and trade plan tab above, that does not get put into the report. Too much information for traders often confuses things – so this is striped down to only what it needed to make the best possible decision(s) on trading the trajectory.