LOGO
LOGO

Somnigroup International Inc. Q4 Profit Decreases, But Beats Estimates

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Somnigroup International Inc. (TPX) released a profit for fourth quarter that decreased from the same period last year but beat the Street estimates.

The company's bottom line came in at $71.90 million, or $0.40 per share. This compares with $77.10 million, or $0.43 per share, last year.

Excluding items, Somnigroup International Inc. reported adjusted earnings of $107.20 million or $0.60 per share for the period.

Analysts on average had expected the company to earn $0.56 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 3.2% to $1.208 billion from $1.171 billion last year.

Somnigroup International Inc. earnings at a glance (GAAP) :

-Earnings: $71.90 Mln. vs. $77.10 Mln. last year.
-EPS: $0.40 vs. $0.43 last year.
-Revenue: $1.208 Bln vs. $1.171 Bln last year.

FY25 EPS Guidance $2.60 - $3.00

For comments and feedback contact: editorial@rttnews.com

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

RELATED NEWS
Latest Updates on COVID-19