Tempur-Pedic (TPX) Rips Following Q4 Numbers as Shorts Get Squashed
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Price: $68.78 --0%
Financial Fact:
Selling and marketing expenses: 175.2M
Today's EPS Names:
EDXC, BICX, FBPI, More
Financial Fact:
Selling and marketing expenses: 175.2M
Today's EPS Names:
EDXC, BICX, FBPI, More
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Tempur-Pedic International, Inc. (NYSE: TPX) shares are ripping in after-hours trading today after reporting Q4 EPS of 60 cents on revs of $341.1 million, compared with consensus estimates calling for EPS of 55 cents and revs of $339.0 million.
Recent market data has short interest at 5.64 million shares, or 9.7 percent, of Tempur-Pedic outstanding shares. The number dropped 8.8 percent from the middle toward the end of December, but is still a large position for a multi-billion dollar company.
Accordingly, Tempur-Pedic is up over 17 percent in late trading Thursday.
Recent market data has short interest at 5.64 million shares, or 9.7 percent, of Tempur-Pedic outstanding shares. The number dropped 8.8 percent from the middle toward the end of December, but is still a large position for a multi-billion dollar company.
Accordingly, Tempur-Pedic is up over 17 percent in late trading Thursday.
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