RH Reports Second Quarter 2022 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/19/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Wells Fargo Downgrades Netflix (NFLX) to Underweight on Engagement Risks, 'We see tougher choices ahead'
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- SanDisk stock rallies on AI optimism and Fed relief
Restoration Hardware (RH) PT Lowered to $375 at Jefferies
September 9, 2022 8:00 AM EDTJefferies analyst Jonathan Matuszewski lowered the price target on Restoration Hardware (NYSE: RH) to $375.00 (from $400.00) while maintaining a Buy rating following earnings.
The analyst commented, "We weren't anticipating a third cut to annual guidance, but after-hours trading appears to appropriately recognize postponed... More
RH (RH) Tops Q2 EPS by $1.45
September 8, 2022 4:06 PM EDTRH (NYSE: RH) reported Q2 EPS of $8.08, $1.45 better than the analyst estimate of $6.63. Revenue for the quarter came in at $992 million versus the consensus estimate of $968.91 million.
GUIDANCE:
As noted in our updated Outlook provided on June 29, 2022, our expectation is for continued softening in our business trends during the remainder of fiscal 2022 as a result of ongoing weakness in the housing market over the next... More
