$0.05 EPS Expected for Arhaus Inc (NASDAQ:ARHS) This Quarter

Equities analysts expect Arhaus Inc (NASDAQ:ARHS) to announce earnings of $0.05 per share for the current fiscal quarter, Zacks Investment Research reports. Four analysts have made estimates for Arhaus’ earnings. The highest EPS estimate is $0.06 and the lowest is $0.03. The company is expected to issue its next earnings report on Thursday, March 10th.

On average, analysts expect that Arhaus will report full year earnings of $0.62 per share for the current fiscal year, with EPS estimates ranging from $0.60 to $0.64. For the next fiscal year, analysts anticipate that the company will report earnings of $0.53 per share, with EPS estimates ranging from $0.50 to $0.64. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research firms that cover Arhaus.

Arhaus (NASDAQ:ARHS) last announced its quarterly earnings results on Thursday, December 9th. The company reported $0.13 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.13. The company had revenue of $203.33 million during the quarter, compared to analysts’ expectations of $201.25 million.

Several equities analysts recently commented on ARHS shares. Robert W. Baird started coverage on Arhaus in a research report on Monday, November 29th. They set an “outperform” rating and a $14.00 target price for the company. Telsey Advisory Group started coverage on Arhaus in a research report on Monday, November 29th. They set an “outperform” rating and a $14.00 target price for the company. Jefferies Financial Group set a $17.00 target price on Arhaus in a research report on Tuesday, January 4th. Piper Sandler started coverage on Arhaus in a research report on Monday, November 29th. They set an “overweight” rating and a $16.00 target price for the company. Finally, William Blair initiated coverage on Arhaus in a research report on Monday, November 29th. They set an “outperform” rating for the company. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, Arhaus has a consensus rating of “Buy” and an average target price of $15.00.

In other Arhaus news, insider Lisa Chi purchased 3,000 shares of the stock in a transaction on Wednesday, December 15th. The stock was acquired at an average price of $10.99 per share, with a total value of $32,970.00. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Dawn Phillipson purchased 50,000 shares of the stock in a transaction on Tuesday, December 14th. The shares were acquired at an average cost of $11.62 per share, with a total value of $581,000.00. The disclosure for this purchase can be found here. In the last three months, insiders bought 93,000 shares of company stock valued at $1,078,670.

Shares of NASDAQ ARHS traded down $0.33 during mid-day trading on Friday, hitting $10.41. The company had a trading volume of 324,050 shares, compared to its average volume of 487,465. Arhaus has a 1 year low of $7.62 and a 1 year high of $14.95. The business’s 50-day simple moving average is $11.03.

About Arhaus

Arhaus Inc is a lifestyle brand and omni-channel retailer of premium home furnishings. The company offers assortment of heirloom quality products. Arhaus Inc is based in BOSTON HEIGHTS, Ohio.

Featured Story: NASDAQ

Get a free copy of the Zacks research report on Arhaus (ARHS)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Arhaus (NASDAQ:ARHS)

Receive News & Ratings for Arhaus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arhaus and related companies with MarketBeat.com's FREE daily email newsletter.