Select Comfort Corp Profit Climbs 89% In Q1

(RTTNews) - Select Comfort Corp (SCSS) announced earnings for its first quarter that advanced from last year.

The company said its bottom line advanced to $24.45 million, or $0.56 per share. This was up from $12.97 million, or $0.27 per share, in last year's first quarter.

Analysts had expected the company to earn $0.44 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 11.6% to $393.90 million. This was up from $352.98 million last year.

Select Comfort Corp earnings at a glance:

-Earnings (Q1): $24.45 Mln. vs. $12.97 Mln. last year. -Earnings Growth (Y-o-Y): 88.5% -EPS (Q1): $0.56 vs. $0.27 last year. -EPS Growth (Y-o-Y): 107.4% -Analysts Estimate: $0.44 -Revenue (Q1): $393.90 Mln vs. $352.98 Mln last year. -Revenue Change (Y-o-Y): 11.6%

-Guidance: Full year EPS guidance: $1.25 to $1.50