Earnings, Revenue Beat Consensus
Tempur-Pedic International reported fourth-quarter profit of $0.60 a share, beating the $0.55 average analyst estimate. Revenue of $345 million also beat the $339 million estimate. TPX rallies 16 percent before the bell on my tradeMONSTER platform.
Select Comfort Misses the Mark
Select Comfort, another mattress company, didn't fare so well. Its net income was just $0.22, far below the $0.32 expected by analysts. The company's $220 million in sales also came up short by $10 million. SCSS is down 15 percent in early trading.
Synaptics Rallies Before the Bell
Synaptics earned $0.53 a share on revenue of $143 million. Analysts had only expected $0.45 and $137.7 million, respectively. SYNA climbs 14 percent in the premarket.
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