RH (RH) Stock Gains On Encouraging Preliminary Q4 Results
Zacks Investment Research | Feb 26, 2017 09:40PM ET
Shares of RH (NYSE:RH) (formerly Restoration Hardware) rallied over 24% on Feb 24, post the release of its unaudited preliminary financial results for the fourth quarter and fiscal 2016on Feb 23.
Preliminary Q4 Results
RH reported preliminary adjusted earnings per share of 68 cents. The preliminary adjusted earnings figure is pegged higher than the Zacks Consensus Estimate of 65 cents by 4.6%. Adjusted earnings were within the expected range of 60 cents to 70 cents, down 30.6% from the prior-year quarter.
Restoration Hardware Holdings Inc. Price, Consensus and EPS Surprise
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