RH (NYSE:RH) is reporting third quarter earnings results on Wednesday 9th December 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 5.30 per share.
For the full year, analysts predict revenues of $ 2809.04 million, while looking forward to income of $ 17.05 per share.
Previous Quarter Performance
RH recorded income for the second quarter of $ 4.90 per share, from the revenue of $ 709.28 million. The quarterly earnings escalated 53.13 percent while revenues developed 0.39 percent compared with the same quarter last year.
Wall street analysts are predicting, RH to report 2Q20 income of $ 3.40 per share from revenue of $ 704.05 million. The bottom line results beat street analysts by $ 1.5 or 44.12 percent, at the same time, top line results outshined analysts by $ 5.23 million or 0.74 percent.
Stock Performance
Shares of RH traded up $ 3.24 or 0.69 percent on Tuesday, reaching $ 472.05 with volume of 481.70 thousand shares. RH has traded high as $ 474.42 and has cracked $ 460.30 on the downward trend
According to the previous trading day, closing price of $ 472.05, representing a 540.98 % increase from the 52 week low of $ 73.14 and a 1.26 % decrease over the 52 week high of $ 474.81.
The company has a market capital of $ 9.21 billion and is part of the Consumer Cyclical sector and Specialty Retail industry.
RH, together with its subsidiaries, operates as a retailer in the home furnishings. It offers products in various categories, including furniture, lighting, textiles, bathware, décor, outdoor and garden, tableware, and child and teen furnishings. The company provides its products through its retail galleries; and Source Books, a series of catalogs, as well as online through rh.com, restorationhardware.com, rhbabyandchild.com, rhteen.com, and rhmodern.com, as well as waterworks.com.
