Market Overview

At Home Trades Lower After Mixed Q2 Earnings, Lower Guidance


At Home Group (NYSE: HOME) popped and dropped after hours following its second-quarter earnings release.

At Home reported earnings of 18 cents per share, which beat the analyst consensus estimate of 15 cents. This is a 47.06% decrease over earnings of 34 cents per share from the same period last year.

The company reported quarterly sales of $342.3 million, which missed the analyst consensus estimate of $343.16 million. This is an 18.65% increase over sales of $288.493 million the same period last year.

At Home sees third-quarter sales of $312 million-$317 million versus a $320.43 million estimate. The company narrowed 2020 sales guidance from $1.37 billion-$1.39 billion to $1.373 billion-$1.388 billion versus a $1.38 billion estimate.

At Home shares traded down 8% in Wednesday's after-hours session. The stock closed at $6.61.

Posted-In: Earnings News Guidance


Related Articles (HOME)

View Comments and Join the Discussion!

Slack Trades Lower After Q3 EPS Guidance Falls Short Of Street Estimate

California Governor Backs Bill That Would Reclassify Lyft, Uber Drivers