RH reports results for the quarter ended October 31 - Earnings Summary

RH

12/12/2024 22:01

* RH  RH.N  reported quarterly adjusted earnings of $2.48​​
per
share for the quarter ended October 31, higher than the same
quarter last year, when the company reported EPS of -42 cents. 
The mean expectation of twenty analysts for the quarter was
for earnings of $2.65 per share. Wall Street expected results to
range from $2.45  to $2.84 per share.
    * Revenue rose 8.1% to $811.73 million from a year ago;
analysts
expected $812.16 million. 
    * RH's reported EPS for the quarter was $1.66​.
    * The company reported quarterly net income of $33.17
million.
    * RH shares had risen by 19.3% this quarter and gained 36.9%
so
far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 6.6%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * 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 average consensus recommendation for the home
furnishings
retailers peer group is also "buy"

Wall Street's median 12-month price target for RH is $320.00 
This summary was machine generated from LSEG data December 12 at
10:00 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Oct. 31 2024      2.65           2.48           Missed
 Jul. 31 2024      1.56           1.69           Beat
 Apr. 30 2024      -0.12          -0.40          Missed
 Jan. 31 2024      1.67           0.72           Missed