RH (NYSE:RH) Announces Earnings Results, Beats Expectations By $0.69 EPS

RH (NYSE:RH) issued its quarterly earnings results on Tuesday. The company reported $4.89 EPS for the quarter, topping the Zacks’ consensus estimate of $4.20 by $0.69, Briefing.com reports. The business had revenue of $860.79 million for the quarter, compared to analyst estimates of $757.74 million. RH had a return on equity of 207.69% and a net margin of 9.54%. RH’s quarterly revenue was up 82.0% compared to the same quarter last year. During the same period last year, the company posted $1.27 earnings per share.

Shares of NYSE RH traded up $95.81 during mid-day trading on Thursday, hitting $707.14. The company had a trading volume of 3,840,648 shares, compared to its average volume of 530,421. The firm has a market capitalization of $14.85 billion, a P/E ratio of 74.51, a price-to-earnings-growth ratio of 1.98 and a beta of 2.50. RH has a 1 year low of $226.82 and a 1 year high of $733.05. The company has a debt-to-equity ratio of 2.38, a current ratio of 0.87 and a quick ratio of 0.28. The business’s 50-day simple moving average is $639.71.

A number of analysts recently commented on the company. Barclays lifted their price target on RH from $562.00 to $675.00 and gave the stock an “overweight” rating in a report on Friday, March 26th. Jefferies Financial Group upgraded RH from an “underperform” rating to a “hold” rating and lifted their price target for the stock from $335.00 to $500.00 in a report on Friday, March 26th. Zacks Investment Research lowered RH from a “buy” rating to a “hold” rating and set a $660.00 price target on the stock. in a report on Wednesday, May 19th. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell boosted their target price on RH from $634.00 to $770.00 and gave the company a “buy” rating in a research note on Thursday. Finally, William Blair restated an “outperform” rating on shares of RH in a research note on Tuesday, April 27th. Eight equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $644.53.

RH Company Profile

RH, together with its subsidiaries, operates as a retailer in the home furnishings. It offers products in various categories, including furniture, lighting, textiles, bathware, décor, outdoor and garden, and child and teen furnishings. The company provides its products through its retail galleries; and Source Books, a series of catalogs, as well as online through rh.com, rhbabyandchild.com, rhteen.com, and rhmodern.com, as well as waterworks.com.

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Earnings History for RH (NYSE:RH)

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