Bedding manufacturer Tempur Sealy (NYSE:TPX) will be reporting results tomorrow before the bell. Here's what to look for.

Tempur Sealy met analysts' revenue expectations last quarter, reporting revenues of $1.17 billion, down 1.4% year on year. It was a weak quarter for the company, with a miss of analysts' revenue and EPS estimates.

Is Tempur Sealy a buy or sell going into earnings? Read our full analysis here, it's free.

This quarter, analysts are expecting Tempur Sealy's revenue to be flat year on year at $1.21 billion, improving from the 2.5% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.48 per share.

The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Tempur Sealy has missed Wall Street's revenue estimates six times over the last two years.

Looking at Tempur Sealy's peers in the consumer discretionary segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Mohawk Industries's revenues decreased 4.5% year on year, beating analysts' expectations by 1.4%, and Leggett & Platt reported a revenue decline of 9.6%, falling short of estimates by 2%. Mohawk Industries traded up 4.7% following the results while Leggett & Platt was down 26.7%.

Read our full analysis of Mohawk Industries's results here and Leggett & Platt's results here.

Growth stocks have been quite volatile since the start of 2024, and while some of the consumer discretionary stocks have fared somewhat better, they have not been spared, with share prices down 3.4% on average over the last month. Tempur Sealy is down 6% during the same time and is heading into earnings with an average analyst price target of $64.4 (compared to the current share price of $50.38).

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