JUMP REPORT
SLEEP NUMBER (SNBR)
EARNINGS RELEASE - JULY 15 (AMC)
EARNINGS EXPECTATIONS:
THIS QTR: EPS: -.80/share REV: 216.3/M
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LAST QTR: EPS: .72/share ACTUAL: 1.36/share (BEAT)
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NEXT QTR: EPS: .23/share REV: 375.36/M
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FULL YR: EPS: 1.53/Share REV: 1,500/M
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BEAT/MISS RECORD: 68% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) 34.11, 7.9, 6.7
EXPECTED JUMP MOVE THIS QUARTER: 15%
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*** With market volatility at extremes there is greater risk in trading these events which may not react as they would under normal market conditions. Please take extra caution before trading.
Links To Latest News and Headlines
MINNEAPOLIS, January 27, 2023–Sleep Number Corporation (Nasdaq: SNBR) today announced that Executive Vice President and Chief Financial Officer David Callen is stepping down from his position to pursue other opportunities, effective January 30. He will continue to serve in a financial advisory role through March 3, as the company executes a smooth transition through the report of its 2022 financial results.
David Callen is leaving his position with the Minneapolis-based mattress company to pursue other opportunities, effective Monday.
Finance Chief David Callen will take up a short-term financial advisory role while Chief Human Resources Officer Chris Krusmark will become interim CFO.
Share of Sleep Number Corp. (SNBR) tumbled 15.1% in premarket trading Friday, after the bed and mattress maker provided a downbeat full-year outlook and said its chief financial officer was stepping down after nearly 9 years in the role. The company said its expects to report 2022 earnings per share of $1.60, which is below the current FactSet consensus of $1.71, and sales of $2.04 billion, which is below expectations of $2.11 billion. The company named Chief Human Resources Officer Chris Krusmark was named interim CFO until a permanent replacement is found.
Does the January share price for Sleep Number Corporation ( NASDAQ:SNBR ) reflect what it’s really worth? Today, we…
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Avg Daily Volume: 622,224 Market Cap: 1.29B
Sector: None Short Interest: 23.5
Ticker delayed 20 minutes
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