As seen on:
ntv-logo sky-logo comedy-central-logo

RESTORATION HARDWARE (NYSE:RH) BEATS Q1 EARNINGS ESTIMATES

  • Earnings and revenue beat market estimates
  • Stock up 27%

Restoration Hardware (NYSE:RH), a US-based home-furnishings company, reported quarterly earnings of $1.85 per share, easily beating market estimates of $1.54 per share, and significantly better than $1.33 per share reported a year earlier. This mark the fourth consecutive earnings beat over the last four quarters.

In addition, RH reported revenue of $598.4, beating the market consensus by 2.73%, and beating the year-ago revenues of $557.4 million. RH stock is up more than 27% in extended trading on Wednesday.