— RH (NYSE: RH) reported third-quarter 2019 adjusted EPS of $2.79 vs. $2.23 expected; benefited by $0.24 per share due to a lower tax rate.
— GAAP revenue grew 6.4% to $677.5 million and adjusted revenue grew 6% to $676.7 million versus $676.39 million expected.
— GAAP EPS jumped 197% year-over-year to $2.17.
— Longer-term, RH expects net revenue growth of 8% to 12% and adjusted net income growth of 15% to 20%.
— RH stock, which had gained 72% so far this year, was trading flat in the after-market session.
Most Popular
What to look for when CVS Health (CVS) reports Q3 earnings
Healthcare company CVS Health Corporation (NYSE: CVS) is all set to report earnings next week, with Wall Street expecting a mixed outcome. The company has been facing challenges in certain
eBay (EBAY): A few factors that helped drive growth in Q3 2024
Shares of eBay Inc. (NASDAQ: EBAY) stayed green on Friday. The stock has gained 32% year-to-date. The ecommerce leader delivered revenue and earnings growth for the third quarter of 2024,
CVX Earnings: Chevron reports lower revenue and profit for Q3 2024
Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced third-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation dropped to
