Arhaus Inc reports results for the quarter ended in December - Earnings Summary

Arhaus

09/03/2023 14:32

* Arhaus Inc  ARHS.OQ  reported quarterly adjusted earnings
of 34
cents​​ per share for the quarter ended in December. The mean
expectation of nine analysts for the quarter was for earnings of
20 cents per share.
    * Revenue rose 49.6% to $356.33 million from a year ago;
analysts
expected $348.25 million. 
    * Arhaus Inc's reported EPS for the quarter was 34 cents​.
    * The mean earnings estimate of analysts had risen by
about 26% in
the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Arhaus Inc shares had risen by 31.3% this quarter.
    * The company reported quarterly net income of $47 million.
    * Wall Street's median 12-month price target for Arhaus Inc
is
$16.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
March 9 at 02:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.20           0.34           Beat
 Sep. 30 2022      0.14           0.27           Beat
 Jun. 30 2022      0.12           0.28           Beat
 Mar. 31 2022      0.09           0.12           Beat