Earnings Preview For RH
Portfolio Pulse from Benzinga Insights
RH (NYSE:RH) is expected to release its quarterly earnings report on Thursday, 2023-12-07, with an estimated EPS of $0.97. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, RH's stock price has shown volatility post-earnings, with a significant 15.63% drop after last quarter's beat. Shares are currently trading at $279.86, with a 3.52% increase over the last 52 weeks, indicating a bullish sentiment among long-term shareholders.
December 06, 2023 | 3:01 pm
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NEUTRAL IMPACT
RH is anticipated to report quarterly earnings with investors focusing on both the earnings beat and forward guidance. Historical data shows significant stock price movement post-earnings, with a notable drop after the last report despite beating EPS estimates.
The short-term impact on RH's stock price will likely be influenced by whether the company beats the earnings estimate and provides positive guidance. Historical performance indicates that the stock is sensitive to earnings reports, but given the mixed past reactions, the direction is uncertain. Therefore, a neutral score is assigned.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100