Restoration Hardware (NYSE:RH) issued an update on its third quarter 2019 earnings guidance on Tuesday morning. The company provided EPS guidance of $2.08-2.18 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.82. The company issued revenue guidance of $672-678 million, compared to the consensus revenue estimate of $669.75 million.Restoration Hardware also updated its FY 2019 guidance to $10.53-10.76 EPS.
Shares of NYSE RH opened at $169.12 on Friday. Restoration Hardware has a 52 week low of $84.11 and a 52 week high of $173.20. The stock has a market capitalization of $2.95 billion, a P/E ratio of 19.80, a PEG ratio of 1.35 and a beta of 1.77. The stock’s fifty day moving average is $140.80 and its 200 day moving average is $121.31.
Restoration Hardware (NYSE:RH) last issued its quarterly earnings results on Tuesday, September 10th. The company reported $3.20 EPS for the quarter, topping the Zacks’ consensus estimate of $2.70 by $0.50. Restoration Hardware had a negative return on equity of 301.40% and a net margin of 6.05%. The company had revenue of $706.51 million for the quarter, compared to analysts’ expectations of $698.00 million. Research analysts anticipate that Restoration Hardware will post 10.65 earnings per share for the current year.
In related news, Director Mark S. Demilio sold 2,000 shares of Restoration Hardware stock in a transaction that occurred on Friday, September 6th. The stock was sold at an average price of $150.00, for a total value of $300,000.00. Following the transaction, the director now directly owns 1,002 shares of the company’s stock, valued at $150,300. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Over the last ninety days, insiders sold 6,000 shares of company stock worth $900,000. 36.40% of the stock is owned by insiders.
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.
Read More: Google Finance
Receive News & Ratings for Restoration Hardware Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Restoration Hardware and related companies with MarketBeat.com's FREE daily email newsletter.