RH (RH, Financial) is set to release its Q2 2024 earnings on Sep 12, 2024. The consensus estimate for Q2 2024 revenue is $824.87 million, and the earnings are expected to come in at $1.62 per share. The full year 2024's revenue is expected to be $3.20 billion and the earnings are expected to be $7.65 per share. More detailed estimate data can be found on the Estimates page.
RH (RH, Financial) Estimates Trends
Over the past 90 days, revenue estimates for RH (RH) have seen a decline, with projections for the full year 2024 decreasing from $3.23 billion to $3.20 billion, and for 2025 from $3.56 billion to $3.54 billion. Similarly, earnings estimates have also decreased, with forecasts for 2024 dropping from $9.25 per share to $7.65 per share, and for 2025 from $14.59 per share to $14.03 per share.
RH (RH, Financial) Reported History
In the previous quarter of April 30, 2024, RH's (RH) actual revenue was $726.96 million, which beat analysts' revenue expectations of $724.70 million by 0.31%. RH's (RH) actual earnings were -$0.20 per share, which met analysts' earnings expectations. After releasing the results, RH (RH) was flat in one day.
RH (RH, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 15 analysts, the average target price for RH (RH) is $290.13 with a high estimate of $340 and a low estimate of $226. The average target implies an upside of 18.86% from the current price of $244.09.
Based on GuruFocus estimates, the estimated GF Value for RH (RH, Financial) in one year is $410.71, suggesting an upside of 68.26% from the current price of $244.09.
Based on the consensus recommendation from 21 brokerage firms, RH's (RH, Financial) average brokerage recommendation is currently 2.4, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
