RH Q2 adjusted earnings Beat Estimates

(RTTNews) - RH (RH) reported a profit for its second quarter that advanced from the same period last year.

The company's bottom line totaled $226.7 million, or $7.09 per share. This compares with $98.4 million, or $3.71 per share, in last year's second quarter.

Excluding items, RH reported adjusted earnings of $251.6 million or $8.48 per share for the period.

Analysts had expected the company to earn $6.48 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 39.5% to $989.0 million from $709.2 million last year.

RH earnings at a glance:

-Earnings (Q2): $251.6 Mln. vs. $123.0 Mln. last year. -EPS (Q2): $8.48 vs. $4.90 last year. -Analysts Estimate: $6.48 -Revenue (Q2): $989.0 Mln vs. $709.2 Mln last year.