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

Arhaus

04/05/2023 14:32

* Arhaus Inc  ARHS.OQ  reported quarterly adjusted earnings
of 25
cents​​ per share for the quarter ended in March. The mean
expectation of ten analysts for the quarter was for earnings of
20 cents per share.
    * Revenue rose 23.7% to $304.57 million from a year ago;
analysts
expected $305.46 million. 
    * Arhaus Inc's reported EPS for the quarter was 24 cents​.
    * The mean earnings estimate of analysts had risen by
about 44% in
the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Arhaus Inc shares had fallen by 10.4% this quarter and
lost 23.8% so far this year.
    * The company reported quarterly net income of $34.1
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 9 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
4 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.20           0.25           Beat
 Dec. 31 2022      0.20           0.34           Beat
 Sep. 30 2022      0.14           0.27           Beat
 Jun. 30 2022      0.12           0.28           Beat