RH expected to post earnings of $2.65 a share - Earnings Preview

RH

10/12/2024 21:11

* RH  RH.N   RH  is expected to show a rise in quarterly
revenue
when it reports  results on December 12 for the period ending
October 31 2024
    * The Corte Madera California-based  company is expected to
report
a 8.1% increase in revenue to $812.163 million from $751.23
million a year ago, according to the mean estimate from 17
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for RH is for earnings of
$2.65
per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 11
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for RH is
$320.00​,
below​ its last closing price of $396.78. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jul. 31 2024  1.56        1.56       1.69      Beat    8.1
 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.        2.68        2.56       3.93      Beat    53.4
 31 2023                                                
 Apr. 30 2023  2.07        2.09       2.21      Beat    5.7​
 Jan. 31 2023  3.39        3.34       2.88      Missed  -13.7
 Oct. 31 2022  4.73        4.70       5.67      Beat    20.6
 This summary was machine generated December 10 at 21:11 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)