LEXINGTON, Ky. (AP) — LEXINGTON, Ky. (AP) — Tempur Sealy International Inc. (TPX) on Tuesday reported second-quarter earnings of $106.1 million.
The Lexington, Kentucky-based company said it had net income of 60 cents per share. Earnings, adjusted for one-time gains and costs, were 63 cents per share.
The results met Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was also for earnings of 63 cents per share.
The mattress maker posted revenue of $1.23 billion in the period, which fell short of Street forecasts. Five analysts surveyed by Zacks expected $1.27 billion.
Tempur Sealy expects full-year earnings in the range of $2.45 to $2.65 per share.
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