Restoration Hardware (NYSE:RH) Releases Q1 2019 Earnings Guidance

Restoration Hardware (NYSE:RH) updated its first quarter 2019 earnings guidance on Thursday. The company provided EPS guidance of $1.58-1.70 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.80. The company issued revenue guidance of $582-588 million, compared to the consensus revenue estimate of $609.69 million.Restoration Hardware also updated its FY 2019 guidance to $8.41-9.08 EPS.

RH has been the topic of a number of recent analyst reports. Evercore ISI initiated coverage on shares of Restoration Hardware in a research note on Wednesday, March 20th. They issued an in-line rating and a $145.00 target price on the stock. Bank of America restated an underperform rating and issued a $85.00 target price on shares of Restoration Hardware in a research note on Friday, March 29th. Robert W. Baird cut their target price on shares of Restoration Hardware from $135.00 to $120.00 and set a neutral rating on the stock in a research note on Friday, March 29th. Wells Fargo & Co restated a buy rating and issued a $175.00 target price on shares of Restoration Hardware in a research note on Thursday, March 21st. Finally, Stifel Nicolaus cut their target price on shares of Restoration Hardware from $180.00 to $145.00 and set a buy rating on the stock in a research note on Friday, March 29th. One research analyst has rated the stock with a sell rating, twelve have given a hold rating and nine have issued a buy rating to the company’s stock. Restoration Hardware has an average rating of Hold and a consensus target price of $145.56.

RH traded down $4.12 on Friday, hitting $107.42. 1,635,949 shares of the company’s stock were exchanged, compared to its average volume of 2,421,343. The firm has a market cap of $2.20 billion, a price-to-earnings ratio of 12.58, a price-to-earnings-growth ratio of 1.02 and a beta of 1.54. Restoration Hardware has a twelve month low of $85.25 and a twelve month high of $164.49. The company has a quick ratio of 0.16, a current ratio of 0.74 and a debt-to-equity ratio of 26.22.

Restoration Hardware (NYSE:RH) last released its quarterly earnings data on Thursday, March 28th. The company reported $3.00 earnings per share for the quarter, topping the consensus estimate of $2.83 by $0.17. Restoration Hardware had a net margin of 6.01% and a return on equity of 522.94%. The firm had revenue of $671.00 million for the quarter, compared to analyst estimates of $686.44 million. During the same quarter in the prior year, the business earned $1.69 earnings per share. Restoration Hardware’s quarterly revenue was up .1% on a year-over-year basis. Research analysts anticipate that Restoration Hardware will post 8.4 earnings per share for the current 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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Earnings History and Estimates for Restoration Hardware (NYSE:RH)

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