Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
RH (RH) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
In the latest trading session, RH (RH) closed at $178.19, marking a +0.83% move from the previous day.
RH stock is risky due to high debt and cyclical exposure, but offers potential upside if management executes expansion plans well. The company faces macroeconomic headwinds, especially from interest rates and housing market weakness, yet expects 10-13% revenue growth through innovation and expansion. RH's valuation appears attractive at 10x forward PE, with potential for 10% CAGR if management delivers and the economic environment improves.
The latest trading day saw RH (RH) settling at $184.14, representing a +0.16% change from its previous close.
RH (RH) concluded the recent trading session at $207.52, signifying a +1.77% move from its prior day's close.
Initiate Strong Buy on RH with $279.91 PT, driven by a transformative product overhaul and aggressive Gallery expansion, projecting +126% EPS growth in FY25. RH's 80% new product assortment in Fall '25, coupled with strategic supply chain repositioning, underpins our above-consensus earnings outlook despite sector challenges. Gallery rollouts enhance operational leverage and sales velocity, justifying premium valuation multiples and supporting our conviction in RH's outsized earnings ramp.
RH (RH) closed the most recent trading day at $182.87, moving -1.85% from the previous trading session.
RH (RH) reported earnings 30 days ago. What's next for the stock?
RH (RH 0.74%) stock fell 22% in April, according to data provided by S&P Global Market Intelligence. It announced earnings, including a major miss on earnings per share (EPS), on the day of President Donald Trump's new tariff program announcement, and the combined blow led to a massive plunge in the stock price.
Bryn Talkington, Managing Partner of Requisite Capital Management, joins CNBC's "Halftime Report" to explain why she bought RH.
The market has been swinging wildly in the aftermath of President Trump's "Liberation Day" tariffs announcement. Investors are struggling to predict the consequences of a such a combative trade policy.