Tempur Sealy (TPX) Tops Q4 EPS by 5c, Approves $200M Buyback

Tempur Sealy (NYSE: TPX) reported Q4 EPS of $1.18, $0.05 better than the analyst estimate of $1.13. Revenue for the quarter came in at $769.5 million versus the consensus estimate of $763.88 million.

Tempur Sealy International, Inc. (NYSE: TPX) today announced that its Board of Directors has increased the authorization under the Company's share repurchase program by an additional $200 million.

Financial Guidance

For the full year 2017, the Company currently expects adjusted EBITDA(1) to range from $400 million to $450 million, which includes approximately $15 million of unfavorable commodity inflation and $12 million of unfavorable foreign currency impact.

For earnings history and earnings-related data on Tempur Sealy (TPX) click here.

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