LEXINGTON, Ky. (AP) — LEXINGTON, Ky. (AP) — Tempur Sealy International Inc. (TPX) on Thursday reported fourth-quarter net income of $77.1 million.

The Lexington, Kentucky-based company said it had profit of 43 cents per share. Earnings, adjusted for non-recurring costs, came to 53 cents per share.

The results did not meet Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 54 cents per share.

The mattress maker posted revenue of $1.17 billion in the period, which also did not meet Street forecasts. Six analysts surveyed by Zacks expected $1.18 billion.

For the year, the company reported profit of $368.1 million, or $2.08 per share. Revenue was reported as $4.93 billion.

For the current quarter ending in March, Tempur Sealy expects its per-share earnings to range from 45 cents to 50 cents.

The company expects full-year earnings in the range of $2.60 to $2.90 per share.

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