CORTE MADERA, Calif. (AP) — CORTE MADERA, Calif. (AP) — RH (RH) on Thursday reported fiscal first-quarter earnings of $8 million.
The Corte Madera, California-based company said it had net income of 40 cents per share. Earnings, adjusted for non-recurring gains, came to 13 cents per share.
The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of 9 cents per share.
The furniture and housewares company posted revenue of $814 million in the period, missing Street forecasts. Six analysts surveyed by Zacks expected $818.2 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RH at https://www.zacks.com/ap/RH
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