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

Arhaus

09/08/2023 14:32

* Arhaus Inc  ARHS.OQ  reported quarterly adjusted earnings
of 29
cents​​ per share for the quarter ended in June. The mean
expectation of eleven analysts for the quarter was for earnings
of 26 cents per share.
    * Revenue rose 2.2% to $312.90 million from a year ago;
analysts
expected $327.58 million. 
    * Arhaus Inc's reported EPS for the quarter was 29 cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.8%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Arhaus Inc shares had risen by 11.2% this quarter and
gained 19.0% so far this year.
    * The company reported quarterly net income of $40.18
million.
    * Wall Street's median 12-month price target for Arhaus Inc
is
$12.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.26           0.29           Beat
 Mar. 31 2023      0.20           0.25           Beat
 Dec. 31 2022      0.20           0.34           Beat
 Sep. 30 2022      0.14           0.27           Beat