Will RH’s Third-Quarter Earnings Boost Its Stock Price?
RH (RH) is scheduled to post its third-quarter earnings results after the market closes on December 4. As of November 28, RH is trading at $116.61, a fall of 22.9% since its announcement of its second-quarter earnings results on September 4. In the second quarter, which ended on August 4, RH posted adjusted EPS of $2.05, outperforming analysts’ expectation of $1.74.