In a turbulent environment, investors are inclined to put in some extra work to stay on top of the latest market happenings. Analysts and investors are typically highly focused on company earnings numbers when they are published. Company earnings are a good way to analyze the profitability of the company. Sell-side analysts are currently looking for Restoration Hardware Holdings Inc. (NYSE:RH) to post quarterly EPS of $0.29. The company’s next earnings report is expected to be released on or around 2016-09-08 for the period ending on 2016-07-31. The company posted EPS of $0.85 for the same quarter last year. Most recently, the company reported EPS of $-0.05. Prior to the last earnings report, Zacks Research had a consensus estimate looking for EPS of $0.05. The gap between the estimate and actual number was $-0.1 which created a surprise factor of -200%. The surprise factor can cause substantial stock fluctuations after the earnings release.
The earnings report has the ability to trigger near-term movements of the stock whether results hit or miss expectations. Before the earnings report, investors might be watching directional trends of estimates. The company posted actual EPS for the last quarter of $-0.05. The Zacks Research consensus estimate prior to earnings was $0.05. The difference between the two numbers was $-0.1 which resulted in a surprise factor of -200%. 10 analysts polled by Zacks Research currently have a mean target price of $35.2 on the stock. The top target is presently $55 and the lowest target has the stock reaching $21 within the year. Zacks Research also uses an analyst ratings scale that spans from 1 to 5. Using this scale, a 1 would indicate a Strong Buy, and a 5 rating would represent a Strong Sell rating. Using all the ratings on Restoration Hardware Holdings Inc. (NYSE:RH), the mean rests at 2.86.
Analyst recommendations and estimates are for informational purposes only and should be used along with a number of other factors when considering an investment position.
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