Purple Innovation, Inc. (NASDAQ:PRPL) a comfort technology company, is expected to report second quarter earnings results, after market close, on Thursday 13th August 2020.
Analysts polled by Thomson Reuters anticipate second quarter income of $ 0.19 per share from revenue of $ 175.88 million.
Looking ahead, the full year income are expected at $ 0.56 per share on the revenues of $ 618.43 million.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 550.00 million ~ $ 575.00 million
Click Here For More Historical Outlooks Of Purple Innovation, Inc.
Previous Quarter Performance
Purple Innovation, Inc. unwinded income for the first quarter of $ 0.11 per share, from the revenue of $ 122.38 million. The consensus estimates are income of $ 0.05 per share from $ 106.97 million in revenue. The bottom line results beat street analysts by $ 0.06 or 120.00 percent, at the same time, top line results outshined analysts by $ 15.41 million or 14.41 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of PRPL was $ 25.06, representing a 466.97 % increase from the 52 week low of $ 4.42 and a 9.69 % decrease over the 52 week high of $ 27.75.
The company has a market capital of $ 1.36 billion and is part of the Consumer Cyclical sector and Home Furnishings & Fixtures industry.
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Recent Analyst recommendations
- On 16th June 2020, initiated by B. Riley at Buy rating, with $ 23.00 target price.
Purple Innovation, Inc. designs and manufactures mattresses, pillows, and cushions. It also offers sheets, mattress protectors, platform bases, and foundations.
