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
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