Restoration Hardware (NYSE:RH) Releases FY20 Earnings Guidance
Restoration Hardware (NYSE:RH) issued an update on its FY20 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 $8.32. The company issued revenue guidance of $2.6428-2.6628, compared to the consensus revenue estimate of $2.60 billion.Restoration Hardware also updated its FY 2019 guidance to $8.76-9.27 EPS.
Shares of RH traded up $1.64 during mid-day trading on Wednesday, reaching $94.89. The company had a trading volume of 1,443,045 shares, compared to its average volume of 1,101,168. Restoration Hardware has a 52-week low of $84.11 and a 52-week high of $162.10. The company has a quick ratio of 0.16, a current ratio of 0.74 and a debt-to-equity ratio of 26.22. The company has a market capitalization 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 (NYSE:RH) last issued its quarterly earnings results on Thursday, March 28th. The company reported $3.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.83 by $0.17. Restoration Hardware had a return on equity of 522.94% and a net margin of 6.01%. The company had revenue of $671.00 million for the quarter, compared to the consensus estimate of $686.44 million. During the same quarter in the prior year, the business posted $1.69 earnings per share. Restoration Hardware’s revenue for the quarter was up .1% on a year-over-year basis. As a group, equities analysts anticipate that Restoration Hardware will post 8.33 EPS for the current fiscal year.
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About Restoration Hardware
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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