RH, formerly, Restoration Hardware Holdings, Inc., is scheduled to release earnings after Wednesday’s close. The stock hit a record high of $208.33/share in 2019 and is currently trading near $205/share. The stock is prone to big moves after reporting earnings and can easily gap up if the numbers are strong. Conversely, if the numbers disappoint, the stock can easily gap down. To help you prepare, here is what the Street is expecting:
Gallery: See Inside The $80M Design For 134 Charles In the West Village
9 imagesView gallery
RH is expected to earn $2.21/share on $675.57 million in revenue. Meanwhile, the so-called Whisper number is $2.35. The Whisper number is the Street’s unofficial view on earnings.
Company Profile & Various Businesses:
Here is a brief company profile:
RH, formerly Restoration Hardware Holdings, Inc., is a retailer in the home furnishings marketplace. As of January 28, 2017, the Company had two segments: RH Segment and Waterworks. It offers merchandise assortments across a range of categories, including furniture, lighting, textiles, bathware, decor, outdoor and garden, tableware, and child and … More
Pay Attention To How The Stock Reacts To The News:
From where I sit, the most important trait I look for during earnings season is how the market and a specific company reacts to the news. Remember, always keep your losses small and never argue with the tape.