RH reports results for the quarter ended April 30 - Earnings Summary

• RH RH.N reported quarterly adjusted earnings of 13 cents​​ per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of -40 cents. The mean expectation of eighteen analysts for the quarter was for a loss of 9 cents per share. Wall Street expected results to range from -21 cents to 10 cents per share.

• Revenue rose 12% to $813.95 million from a year ago; analysts expected $818.12 million.

• RH's reported EPS for the quarter was 40 cents​.

• The company reported quarterly net income of $8.04 million.

• RH shares had fallen by 23.6% this quarter and lost 54.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 105.9% in the last three months.​

• In the last 30 days, two 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," 9 "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 $217.50

This summary was machine generated from LSEG data June 12 at 09:00 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)