RH (RH) Tops Q1 EPS by 79c, Sales Beat; Raises Outlook
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RH (RH) Crushes Profit, Sales and Guidance Estimates to Send Shares Higher, Analysts Raise PTs on 'Impressive Top and Bottom Line Beat'
June 10, 2021 7:06 AM EDTShares of RH (NYSE: RH) are up more than 6% in pre-open Thursday after the company smashed quarterly estimates and raised guidance.
The company made a profit of $4.89 per share to top the $4.03 per share expected from market analysts. Sales came in at $860.8 million, easily surpassing the $752 million consensus.
Fiscal 2021 is off to a strong start, with revenues up 78% in the first quarter versus down 19% a year ago. Total Company demand increased 101% in Q1 and RH Core demand increased 109%, the strongest demand trends in our industry, CEO Gary Friedman said in a... More
Restoration Hardware (RH) PT Raised to $725 at Telsey
June 10, 2021 6:42 AM EDTTelsey analyst Cristina Fernandez raised the price target on Restoration Hardware (NYSE: RH) to $725.00 (from $675.00) while maintaining a Outperform rating.
... MoreRH (RH) Shares Up 8% Following Earnings, Raised Guidance
June 9, 2021 5:00 PM EDTRH (NYSE: RH) shares are gaining nearly 8% in the after hours, as the company reported better than anticipated Q1 earnings, raised full year outlook.
