Richelieu Hardware Ltd reports results for the quarter ended November 30 - Earnings Summary

• Richelieu Hardware Ltd RCH.TO reported quarterly adjusted earnings of 44 cents​​ per share for the quarter ended November 30, lower than the same quarter last year, when the company reported EPS of 51 cents. The mean expectation of two analysts for the quarter was for earnings of 41 cents per share. Wall Street expected results to range from 40 cents to 42 cents per share.

• Revenue rose 5% to C$476.22 million from a year ago; analysts expected C$462.30 million.

• Richelieu Hardware Ltd's reported EPS for the quarter was 44 cents​.

• The company reported quarterly net income of C$24.4 million.

• Richelieu Hardware Ltd shares had fallen by 3.7% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the construction supplies & fixtures peer group is also "hold"

Wall Street's median 12-month price target for Richelieu Hardware Ltd is C$43.25

This summary was machine generated from LSEG data January 16 at 05:02 p.m. UTC. ​All figures in Canadian 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)