RH Reports First Quarter Fiscal 2024 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Qtrex Quantum executives plan to buy up to 2M shares over 12 months
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
Restoration Hardware (RH) PT Lowered to $300 at Morgan Stanley
June 17, 2024 5:20 AM EDTMorgan Stanley analyst Simeon Gutman lowered the price target on Restoration Hardware (NYSE: RH) to $300.00 (from $320.00) while maintaining a Equalweight rating.
The analyst comments "Our EW investment view is unchanged. We have been patiently waiting on the sidelines for an... More
RH (RH) Misses Q1 EPS by 28c, Offers Guidance
June 13, 2024 4:47 PM EDT(Updated - June 13, 2024 4:49 PM EDT)
RH (NYSE: RH) reported Q1 EPS of ($0.40), $0.28 worse than the analyst estimate of ($0.12). Revenue for the quarter came in at $727 million versus the consensus estimate of $725.15 million.
OUTLOOK
While we expect business conditions to remain challenging until interest rates ease and the housing market begins to rebound, we expect our demand trends to accelerate throughout fiscal 2024.
As previously... More
