How will SNBR's earnings trend in 2025?

**Sleep Number Corp's (SNBR) earnings are expected to face challenges in 2025**, as indicated by the following points: 1. **Analyst Expectations**: The consensus for Q1 2025 earnings per share (EPS) is -$0.23, with a range of -$0.36 to -$0.13. This suggests that analysts anticipate continued losses for the company in the upcoming quarter. 2. **Revenue Outlook**: While there is no specific revenue forecast for Q1 2025, the full-year 2025 revenue estimate is $1.72 billion, which is slightly lower than the actual revenue of $1.7 billion reported for 2024. This indicates a potential decline in sales for the upcoming year. 3. **Recent Performance**: Sleep Number Corp has experienced a significant decline in its stock price, with a 46% crash to $7.57 in the week following its latest yearly results. This downturn reflects investor concerns about the company's financial performance and future prospects. 4. **Strategic Changes**: The company has undergone a significant restructuring of its Board of Directors, which may signal an attempt to improve governance and strategic direction. However, the effectiveness of these changes in stabilizing earnings and improving investor confidence remains to be seen. 5. **Market Sentiment**: The average price target for SNBR in 2025 is $12.00, which represents a -34.78% downside from the last price of $18.40. This suggests that analysts are cautious about the stock's future performance and do not anticipate a strong recovery in the near term. In conclusion, while there are some positive aspects to Sleep Number Corp's recent performance, such as improved gross margins and reduced net losses, the overall trend in earnings for 2025 is expected to be challenging. Investors should monitor the company's performance closely and consider the potential risks before investing.