Tempur Sealy Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Tempur Sealy International, Inc. TPX is expected to release earnings results for its fourth quarter, before the opening bell on Feb. 8, 2024.

Analysts expect the company to report quarterly earnings at 54 cents per share, compared to year-ago earnings of 54 cents per share. The company is projected to report revenue of $1.18 billion, compared to $1.19 billion in the year-earlier quarter, according to data from Benzinga Pro.

Tempur Sealy International, during November, reported weaker-than-expected third-quarter results.

Tempur Sealy shares rose 1.1% to close at $51.25 on Wednesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• Raymond James analyst Bobby Griffin maintained a Strong Buy rating and raised the price target from $45 to $58 on Jan. 19, 2024. This analyst has an accuracy rate of 72%.
• Piper Sandler analyst Peter Keith upgraded the stock from Neutral to Overweight and boosted the price target from $41 to $61 on Jan. 18, 2024. This analyst has an accuracy rate of 73%.
• Keybanc analyst Bradley Thomas maintained an Overweight rating and increased the price target from $48 to $56 on Dec. 15, 2023. This analyst has an accuracy rate of 80%.
• Wedbush analyst Seth Basham reiterated an Outperform rating with a price target of $50 on Dec. 13, 2023. This analyst has an accuracy rate of 73%.
• Truist Securities analyst Keith Hughes maintained a Buy rating and cut the price target from $55 to $50 on Oct. 17, 2023. This analyst has an accuracy rate of 87%.

Read This Next: Top 5 Energy Stocks That May Explode In February