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RH Fiscal Q3 Swings to Adjusted Earnings, Higher Revenue; Shares Surge After Hours
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RH Fiscal Q3 Swings to Adjusted Earnings, Higher Revenue; Shares Surge After Hours
Dec 12, 2024 1:45 PM

04:21 PM EST, 12/12/2024 (MT Newswires) -- RH (RH) reported late Thursday its fiscal Q3 swung to adjusted earnings of $2.48 per diluted share from a loss of $0.42 a year earlier.

Analysts polled by FactSet expected earnings of $2.65.

Revenue for the quarter ended Nov. 2 rose to $811.7 million from $751.2 million a year earlier.

Analysts surveyed by FactSet expected $812.2 million.

The company's shares soared past 20% in after-hours activity.

Price: 459.15, Change: +77.77, Percent Change: +20.39

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