RH expected to post earnings of $1.60 a share - Earnings Preview

RH

03/09/2024 12:02

* RH  RH.N   RH  is expected to show a rise in quarterly
revenue
when it reports  results on September 5 (estimated) for the
period ending July 31 2024
    * The Corte Madera California-based  company is expected to
report
a 3.3% increase in revenue to $826.989 million from $800.48
million a year ago, according to the mean estimate from 16
analysts, based on LSEG data.The company's guidance on June 13
2024, for the period ended July 31, was for revenue between
$824.49 million and $832.50 million.
    * ​LSEG's mean analyst estimate for RH is for a loss of 12
cents
per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 12
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 7.9%
in the last three months. ​
    * Wall Street's median 12-month price target for RH is
$300.00​,
above​ its last closing price of $253.70. ​​​

The company's guidance on June 13 2024 for the period ended July
31 was for Earnings before Interest and Taxes between USD90.694
million and USD99.9 million.The company's guidance on June 13
2024 for the period ended July 31 was for Earnings before
Interest, Taxes, Depreciation and Amortization of between
USD824.49337 million and USD149.85 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Apr. 30 2024  -0.16       -0.12      -0.40     Missed  -225.2
 Jan. 31 2024  1.59        1.67       0.72      Missed  -56.8
 Oct. 31 2023  0.94        0.95       -0.42     Missed  -144​
 Jul. 31 2023  2.68        2.56       3.93      Beat    53.4
 ​​Apr.        2.07        2.09       2.21      Beat    5.7
 30 2023                                                
 Jan. 31 2023  3.39        3.34       2.88      Missed  -13.7​
 Jan. 1 0001   4.73        4.70       5.67      Beat    20.6
 Jul. 31 2022  7.21        6.71       8.08      Beat    20.4
 This summary was machine generated September 3 at 11:02 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)