Top-Rated Stocks Near Buy Point With Earnings Due: Sleep Number

Sleep Number (SNBR) is forming a base showing a 151.54 buy point with its next quarterly EPS report set for Apr. 21. The entry is based on a second-stage consolidation.


Understand that jumping into a stock right as it gets ready to report means you likely won’t have enough time to build a profit cushion before the release. That leaves you exposed to a sudden and perhaps sharp drop if the company meet or beat analyst and investor expectations. You can reduce your exposure by waiting to see the actual numbers and the market’s reaction.

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In terms of top and bottom line numbers, Sleep Number has posted two quarters of increasing earnings growth. Revenue growth has also risen during the same period.

Analysts expect earnings growth of 34% for the quarter, and 24% growth for the full year. Annual growth estimates were recently revised higher.

The company has a 92 Composite Rating and earns the No. 9 rank among its peers in the Retail-Home Furnishings industry group. Williams Sonoma (WSM), RH (RH) and At Home (HOME) are among the top 5 highly rated stocks within the group.

Note: Dates for earnings reports are subject to change. Check the company’s website for any updates.


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