Restoration Hardware Beats On Top and Bottom Line, Shares Jump

Restoration Hardware Holdings

shares are up sharply after hours following earnings results that beat analyst expectations. The company reported third-quarter earnings of 49 cents a share on revenue of $484.7 million, versus consensus of 47 cents a share on revenue of $482.1 million. The company also guided to $2.33 to $2.35 a share for the full year, while analysts had estimated $2.33 a share. Shares of RH are trading higher by 5.3 percent after hours at 90.75.