5 Stocks Drawing Attention Post Quarterly Results

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1. RH (NYSE:RH)

Number of Hedge Fund Holders: 57

Shares of RH (NYSE:RH) rose over five percent on Thursday, December 9, 2021, after its fiscal third-quarter profit and sales came in above expectations. The home-furnishings company earned $7.03 per share on an adjusted basis, compared to $6.20 per share in the year-ago quarter.

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In addition, RH (NYSE:RH) posted revenue of $1.01 billion, up from $844 million in the comparable period of 2020. The results easily exceeded analysts’ average estimate of $6.61 per share for earnings and $982 million for revenue.

RH (NYSE:RH) also updated the sales outlook for its fiscal year 2021. The company expects its revenue to grow in the range of 32 – 33 percent, compared to its previous guidance between 31 – 33 percent growth.

You can also take a peek at 10 Best Financial Services Stocks to Buy Now and 10 Meme Stocks that More than Doubled in 2021.

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