RH Raises Its EPS Guidance after Its Strong Q3 Earnings
In the third quarter, RH (RH) posted EPS of $0.81. However, removing special items, the company’s adjusted EPS stood at $1.73, a rise of 66.3% from $1.04 in the third quarter of 2017. This EPS growth was driven by its revenue growth, the expansion of its adjusted operating margin, and its lower effective tax rate.