Restoration Hardware (RH) Tops Q3 EPS by 4c; Guides Well Below the Street

Restoration Hardware (NYSE: RH) reported Q3 EPS of $0.20, $0.04 better than the analyst estimate of $0.16. Revenue for the quarter came in at $549 million versus the consensus estimate of $527.13 million.

Comparable brand revenues declined 6% compared to a 7% increase last year.

GUIDANCE:

Restoration Hardware sees Q4 2016 EPS of $0.60-$0.70, versus the consensus of $1.08. Restoration Hardware sees Q4 2016 revenue of $562-592 million, versus the consensus of $637.62 million.

Restoration Hardware sees FY2016 EPS of $1.19-$1.29, versus the consensus of $1.64. Restoration Hardware sees FY2016 revenue of $2.11-2.14 billion, versus the consensus of $2.16 billion.

For earnings history and earnings-related data on Restoration Hardware (RH) click here.

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