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Why Investors Are Optimistic about RH’s Second-Quarter Earnings

Ralph Nathan
Why Investors Are Optimistic about RH’s Second-Quarter Earnings

Luxury home furnishing company RH (RH) is scheduled to post its second-quarter earnings after the market closes on September 4. As of August 29, RH was trading at $158.94, which represents growth of 33.9% since the announcement of its first-quarter earnings on June 11. In the first quarter, RH posted adjusted EPS of $1.33, outperforming analysts’ EPS estimate of $1.02.