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Somnigroup International Full Year 2024 Earnings: EPS Misses Expectations


Somnigroup International Full Year 2024 Earnings: EPS Misses Expectations

All figures shown in the chart above are for the trailing 12 month (TTM) period

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 9.0%.

The primary driver behind last 12 months revenue was the North America (Incl. Sealy) segment contributing a total revenue of US$3.79b (77% of total revenue). Notably, cost of sales worth US$2.72b amounted to 55% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Sales & Marketing costs, amounting to US$1.09b (60% of total expenses). Explore how SGI's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Consumer Durables industry in the US.

What about risks? Every company has them, and we've spotted 1 warning sign for Somnigroup International you should know about.

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