Inside RH’s Results
The company reported profits of $19.4 million, or 47 cents per share, up from $9.5 million, or 23 cents per share, reported for last year’s Q3. Excluding special items, earnings were $20.3 million, or 49 cents per share, compared to $13 million, or 32 cents per share, a year ago. On average, analysts expected to see EPS of 48 cents.
Revenue
Revenue rose 22% to $484.7 million from $395.8 million last year. Analysts expected to see $481.91 million.
Outlook
Looking ahead to Q4, the company expects to see adjusted earnings between $0.99 and $1.00, and revenue between $575 million and $585 million. Analysts expect to see earnings of $1.00 and $582.74 million in revenue.
For FY2015, RH expects to see earnings between $2.33 and $2.35 per share and revenue between $1.86 billion and $1.87 billion. Analysts expect to see earnings of $2.33 per share and $1.86 billion in revenue.
Mutual Funds to Watch
Symbol | Mutual Fund | Stake |
---|---|---|
PRNHX | T. Rowe Price New Horizons | 8.03% |
FDGRX | Fidelity® Growth Company | 5.46% |
FBGRX | Fidelity® Blue Chip Growth | 4.48% |
The Bottom Line
Shares of RH are up 45% YTD.