Purple (PRPL) To Report Earnings Tomorrow: Here Is What To Expect
Update: 2025-11-03
Description
🎙️ Purple Income: Investors Await Earnings Report 🎙️Investors are gearing up for Purple's earnings report this Tuesday, following a series of unpredictable quarters. Last quarter, Purple matched analyst expectations for revenue, bringing in over $105 million, despite a 12% drop from the previous year. They also beat analyst estimates for adjusted operating income and full-year EBITDA guidance.This time around, analysts predict a 4% revenue increase to $123 million, a significant turnaround from last year's 15% drop. However, they expect a small adjusted loss of around $0.10 per share.Looking at peers, Leggett and Platt saw a 6% revenue drop but still beat expectations, while Mohawk Industries barely increased revenue and saw shares drop 7%. With analysts keeping their estimates steady and peers showing mixed results, Purple's report could set the tone for the bedding and home comfort sector as we approach the holidays.
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