NEW YORK (TheStreet) -- Mattress Firm Holding (MFRM) shares are climbing in after-hours trading, up 7.37% to $68.75, following the release of the mattress retailer's fourth quarter earnings results after the closing bell today.

The Houston, TX-based company generated fourth quarter revenue of $598.3, a 91.7% increase over the same period last year that topped analysts expectations of $567.3 million in revenue.

Earnings for the period fell below analysts' expectations however, with the company earning just 41 cents per share versus the 47 cents per share analysts had forecast for the period. Comparable store sales for the period rose 1.9%.

The company expects to report full year earnings in the $2.50 to $2.70 range on revenue between $2.47 billion and $2.52 billion. Analysts on average are expecting the company to earn $2.77 this year on revenue of $2.41 billion.

TheStreet Ratings team rates MATTRESS FIRM HOLDING CORP as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:

"We rate MATTRESS FIRM HOLDING CORP (MFRM) a BUY. This is driven by a number of strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its robust revenue growth, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income."

Highlights from the analysis by TheStreet Ratings Team goes as follows:

• You can view the full analysis from the report here: MFRM Ratings Report

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