Tempur Sealy Reports First Quarter 2019 Results

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Tempur Sealy (TPX) Tops Q1 EPS by 6c

May 2, 2019 6:48 AM EDT

Tempur Sealy (NYSE: TPX) reported Q1 EPS of $0.54, $0.06 better than the analyst estimate of $0.48. Revenue for the quarter came in at $690.9 million versus the consensus estimate of $666.2 million.

Financial Guidance

The Company revised its financial guidance for 2019. For the full year 2019, the Company currently expects adjusted EBITDA(2) to range from $435 million to $475 million, raising the low end of the range by... More