Restoration Hardware Holdings Inc. (NYSE:RH) will announce its earnings results after the market closes on Wednesday, September 6th. Analysts expect the company to announce earnings of $0.42 per share for the quarter. Restoration Hardware Holdings has set its FY18 guidance at $1.67-1.94 EPS.

Restoration Hardware Holdings (NYSE:RH) last released its quarterly earnings data on Thursday, June 1st. The company reported $0.05 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.05. Restoration Hardware Holdings had a net margin of 0.66% and a return on equity of 6.42%. The company had revenue of $562.10 million during the quarter, compared to analyst estimates of $560.30 million. During the same period in the prior year, the firm earned ($0.05) earnings per share. The firm’s revenue for the quarter was up 23.4% compared to the same quarter last year. On average, analysts expect Restoration Hardware Holdings to post $2.14 EPS for the current fiscal year and $3.23 EPS for the next fiscal year.

Shares of Restoration Hardware Holdings Inc. (RH) opened at 45.21 on Wednesday. The company has a 50-day moving average of $61.24 and a 200-day moving average of $49.79. Restoration Hardware Holdings Inc. has a 1-year low of $24.41 and a 1-year high of $79.91. The stock has a market capitalization of $1.50 billion, a price-to-earnings ratio of 118.35 and a beta of 1.47.

Restoration Hardware Holdings announced that its Board of Directors has authorized a share repurchase plan on Thursday, May 4th that allows the company to buyback $700.00 million in shares. This buyback authorization allows the company to reacquire up to 37.6% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s leadership believes its shares are undervalued.

ILLEGAL ACTIVITY WARNING: “Restoration Hardware Holdings Inc. (RH) to Release Quarterly Earnings on Wednesday” was first published by American Banking News and is owned by of American Banking News. If you are reading this article on another publication, it was stolen and republished in violation of United States and international copyright & trademark legislation. The legal version of this article can be accessed at https://www.americanbankingnews.com/2017/08/30/restoration-hardware-holdings-inc-rh-to-release-quarterly-earnings-on-wednesday.html.

RH has been the subject of a number of recent analyst reports. BidaskClub lowered Restoration Hardware Holdings from a “sell” rating to a “strong sell” rating in a research note on Friday, August 25th. Deutsche Bank AG upgraded Restoration Hardware Holdings from a “hold” rating to a “buy” rating and raised their price objective for the company from $45.00 to $66.00 in a research note on Friday, June 23rd. Zacks Investment Research lowered Restoration Hardware Holdings from a “hold” rating to a “sell” rating in a research note on Tuesday, July 11th. Buckingham Research upgraded Restoration Hardware Holdings from an “underperform” rating to a “neutral” rating in a research note on Monday, May 8th. Finally, KeyCorp restated an “overweight” rating and set a $56.00 price objective (down previously from $62.00) on shares of Restoration Hardware Holdings in a research note on Friday, June 2nd. Three investment analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and three have given a buy rating to the company’s stock. Restoration Hardware Holdings currently has a consensus rating of “Hold” and an average target price of $53.55.

Restoration Hardware Holdings 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 teen furnishings.

Earnings History for Restoration Hardware Holdings (NYSE:RH)

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