Casper Sleep (CSPR) Stock Price, News & Analysis

Casper Sleep Inc. (NYSE:CSPR) posted its earnings results on Monday, November, 15th. The company reported ($0.61) EPS for the quarter, missing analysts' consensus estimates of ($0.43) by $0.18. The business earned $156.50 million during the quarter, compared to analysts' expectations of $156.15 million. Casper Sleep had a negative net margin of 16.24% and a negative trailing twelve-month return on equity of 559.44%. Casper Sleep's revenue for the quarter was up 26.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.40) EPS.

64 employees have rated Casper Sleep Chief Executive Officer Phillip Krim on Glassdoor.com. Phillip Krim has an approval rating of 61% among the company's employees. This puts Phillip Krim in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Casper Sleep investors own include Coty (COTY), Invesco Mortgage Capital (IVR), Designer Brands (DBI), Boxlight (BOXL), Carnival Co. & (CCL), Cloudera (CLDR), Energy Transfer (ET), WW International (WW), American Airlines Group (AAL) and ADMA Biologics (ADMA).

Casper Sleep (CSPR) raised $151 million in an initial public offering (IPO) on Thursday, February 6th 2020. The company issued 8,400,000 shares at $17.00-$19.00 per share. Morgan Stanley, Goldman Sachs and Jefferies acted as the underwriters for the IPO and BofA Securities, UBS Securities, Citigroup, Piper Sandler and Guggenheim Securities were co-managers.