Arhaus (ARHS) Q3 Earnings Report Preview: What To Look For

StockStory
2024-11-06
Arhaus (ARHS) Q3 Earnings Report Preview: What To Look For

Luxury furniture retailer Arhaus (NASDAQ:ARHS) will be reporting earnings tomorrow morning. Here’s what to expect.

Arhaus missed analysts’ revenue expectations by 1.4% last quarter, reporting revenues of $309.8 million, flat year on year. It was a slower quarter for the company, with revenue guidance for next quarter missing analysts’ expectations.

Is Arhaus a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Arhaus’s revenue to be flat year on year at $328.9 million, slowing from the 1.9% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.08 per share.

The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Arhaus has missed Wall Street’s revenue estimates three times over the last two years.

Looking at Arhaus’s peers in the home furnishing and improvement retail segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Sleep Number’s revenues decreased 9.7% year on year, missing analysts’ expectations by 4.3%, and Floor And Decor reported flat revenue, falling short of estimates by 1.7%. Sleep Number traded up 3.5% following the results while Floor And Decor was also up 2%.

Read our full analysis of Sleep Number’s results here and Floor And Decor’s results here.

Investors in the home furnishing and improvement retail segment have had steady hands going into earnings, with share prices flat over the last month. Arhaus is down 15.2% during the same time and is heading into earnings with an average analyst price target of $13.04 (compared to the current share price of $9.01).

When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we’ve found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10