Back to top
We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Image: Bigstock
Restoration Hardware (RH) Earnings Preview
On Wednesday, June 8th, Restoration Hardware released earnings for Q1 of fiscal year 2016. Restoration Hardware (RH - Free Report) is a Zacks Rank #4 (Sell). David Bartosiak gave us his thoughts in a stream which was broadcast earlier today, and he said a ton of bad news has made this a much more bullish scenario
Restoration Hardware is luxury home furnishing company. They sell merchandise through retail stores, catalogs, and online. They currently operate 87 retail stores and outlets throughout the United States and Canada.
After a string of earnings beats, Restoration Hardware disappointed last quarter with EPS coming in at 99 cents versus our Zacks Consensus Estimate calling for $1.39. As recently as 90 days ago, analysts expected the company to earn 17 cents per share this quarter, now they’re expecting just 5 cents.
RESTORATION HDW Price and Consensus
RESTORATION HDW Price and Consensus | RESTORATION HDW Quote
To watch future streams, become a subscriber of our YouTube channel and Facebook Page for all fo the latest news.
David Bartosiak is the editor of the Momentum Trader and Home Run InvestorService. He has over a decade of experience in the financial services industry. He has traded forex, futures, stocks, and options. Mr. Bartosiak is a frequent guest on popular business news TV channels such as Bloomberg TV. He’s also the host of a light-hearted, Millennial-minded series of videos called “ Trending Stocks.”
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.