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Restoration Hardware Holdings (RH) Is Up Sharply On Q1 Results

Restoration Hardware Holdings (RH) reported first quarter adjusted EPS of $0.06 after the close Thursday, which topped the consensus estimate of $0.04. The company expects to report second quarter adjusted EPS of $0.40 to $0.42 and between $1.41 and $1.47 for the full year. The consensus estimates are for EPS of $0.39 and $1.40. The stock is now up 7.44 on 99K shares.

Restoration Hardware climbed around midday Thursday and finished with a gain of 1.46 at $58.96. The stock rose to a new high.

by RTTNews Staff Writer

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