Stock Alert: Tempur Sealy International Inc. (TPX) Shares Hit 52-Week High

(RTTNews) - Shares of Tempur Sealy International Inc. (TPX) touched a 52-week high of $100.35 today, after the company reported stellar Q4 results. The stock has been trading in a range of $53.69 - $100.35 in the past one year.

Net income climbed to $46.2 million or $0.84 per share versus $12.3 million or $0.22 per share last year. Adjusted net income totaled $75.4 million or $1.37 per share, a jump from the previous year's $49.7 million or $0.90 per share.

Total net sales increased 28.9% to $871.3 million as compared to $676.1 million in the fourth quarter of 2018.

Analysts polled by Thomson Reuters expected earnings of $1.17 per share and revenue of $771.42 million for the quarter. Analysts' estimates typically exclude certain special items.