Company news: RH’s (RH) quarterly results beat analysts’ forecasts

RH (RH) reported Q2 FY2024 earnings of $1.69 per share (versus $3.99 per share in Q2 FY2023), beating analysts’ consensus estimate of $1.56 per share.

The company’s quarterly revenues amounted to $0.830 bln (+3.6% y/y), slightly beating analysts’ consensus estimate of $0.825 bln.

RH rose to $308.96 (+20.46%) in pre-market trading.