Casper Sleep Inc. (CSPR) Tops Q1 EPS by 3c, Updates Guidance

Casper Sleep Inc. (NYSE: CSPR) reported Q1 EPS of ($0.52), $0.03 better than the analyst estimate of ($0.55). Revenue for the quarter came in at $127.7 million versus the consensus estimate of $124.5 million.

GUIDANCE:

Casper Sleep Inc. sees Q2 2021 revenue of $146-153 million, versus the consensus of $134.1 million.

Casper Sleep Inc. sees FY2021 revenue of $580-610 million, versus the consensus of $596.9 million.

• In the second quarter 2021, the Company expects revenue of approximately $146 to $153 million, net loss of approximately $18 to $15 million, and Adjusted EBITDA loss of approximately $7 to $4 million. At the mid-point, this revenue range represents 36% growth and 42% North America revenue growth in the second quarter 2021. For the full year 2021, the Company expects revenue of approximately $580 to $610 million. At the mid-point, this revenue range represents 20% growth and 23% North America revenue growth for 2021.

For earnings history and earnings-related data on Casper Sleep Inc. (CSPR) click here.

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