Somnigroup International Inc. Q4 Profit Decreases, But Beats Estimates

(RTTNews) - 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