Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

What: Shares of bed-maker Tempur-Pedic (NYSE: TPX) jumped as much as 11% today after the company reported solid earnings last night.

So what: Revenue grew 25% to $366.8 million, and earnings per share reached $0.84 in the fourth quarter, just topping estimates on both accounts. Guidance also topped estimates with 2012 revenue expected to be between $1.6 billion and $1.65 billion, and earnings between $3.80 and $3.95 per share.

Now what: The upbeat guidance is likely driving shares higher today more than the slight earnings beat. The company has now topped estimates for more than three straight years, always a good sign that a company is performing at the top of its game. Shares are trading at just 17.8 times the low end of 2012 estimates, a reasonable price considering the company's growth. I'm bullish even with today's jump and think this stock has further to run.

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Fool contributor Travis Hoium does not have a position in any company mentioned. You can follow Travis on Twitter at @FlushDrawFool, check out his personal stock holdings or follow his CAPS picks at TMFFlushDraw.

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