Arhaus (ARHS) Q4 Earnings Report Preview: What To Look For - Tools for Investors | News
Stock Markets
Daily Stock Markets News

Arhaus (ARHS) Q4 Earnings Report Preview: What To Look For


ARHS Cover Image

Arhaus (ARHS) Q4 Earnings Report Preview: What To Look For

Luxury furniture retailer Arhaus (NASDAQ:ARHS) will be reporting results tomorrow before the bell. Here’s what investors should know.

Last quarter Arhaus reported revenues of $326.2 million, up 1.9% year on year, beating analyst revenue expectations by 2.6%. It was a very strong quarter for the company, with an impressive beat of analysts’ earnings estimates.

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

This quarter analysts are expecting Arhaus’s revenue to decline 5.8% year on year to $335.5 million, a deceleration on the 49.6% year-over-year increase in revenue the company had recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.16 per share.

Arhaus Total Revenue

Arhaus Total Revenue

Majority of analysts covering the company have reconfirmed their estimates over the last thirty days, suggesting they are expecting the business to stay the course heading into the earnings. The company missed Wall St’s revenue estimates twice over the last two years.

Looking at Arhaus’s peers in the home furnishing and improvement retail segment, some of them have already reported Q4 earnings results, giving us a hint of what we can expect. Sleep Number’s revenues decreased 13.7% year on year, beating analyst estimates by 2.1% and Home Depot reported revenue decline of 2.9% year on year, exceeding estimates by 0.3%. Sleep Number traded up 9.5% on the results, and Home Depot was down 1.2%.

Read our full analysis of Sleep Number’s results here and Home Depot’s results here.

There has been positive sentiment among investors in the home furnishing and improvement retail segment, with the stocks up on average 8% over the last month. Arhaus is up 10.9% during the same time, and is heading into the earnings with analyst price target of $13.9, compared to share price of $12.9.

Today’s young investors likely haven’t read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next.



Source link

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

Get more stuff like this
in your inbox

Subscribe to our mailing list and get interesting stuff and updates to your email inbox.

Thank you for subscribing.

Something went wrong.