Restoration Hardware (NYSE:RH) Releases FY 2019 Earnings Guidance
Restoration Hardware (NYSE:RH) issued an update on its FY 2019 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $8.76-9.27 for the period, compared to the Thomson Reuters consensus estimate of $8.40. The company issued revenue guidance of $2.643-2.663 billion, compared to the consensus revenue estimate of $2.61 billion.
Shares of RH stock traded up $1.64 on Wednesday, reaching $94.89. The stock had a trading volume of 1,443,045 shares, compared to its average volume of 1,101,168. The company has a debt-to-equity ratio of 26.22, a quick ratio of 0.16 and a current ratio of 0.74. The stock has a market cap of $1.72 billion, a price-to-earnings ratio of 11.11, a PEG ratio of 0.85 and a beta of 1.64. Restoration Hardware has a 12 month low of $84.11 and a 12 month high of $162.10.
Restoration Hardware (NYSE:RH) last issued its earnings results on Thursday, March 28th. The company reported $3.00 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $2.83 by $0.17. The company had revenue of $671.00 million for the quarter, compared to analysts’ expectations of $686.44 million. Restoration Hardware had a net margin of 6.01% and a return on equity of 522.94%. Restoration Hardware’s quarterly revenue was up .1% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.69 EPS. Sell-side analysts predict that Restoration Hardware will post 8.33 EPS for the current fiscal year.
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Restoration Hardware Company Profile
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.
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