NEW YORK (TheStreet) -- Shares of Williams-Sonoma (WSM) - Get Report were falling 2.8% to $78.68 after-hours Wednesday after the retailer reported its fourth quarter results.

Williams-Sonoma reported earnings of $1.52 a share for the fourth quarter, in line with analysts' estimates for the quarter. Revenue grew 4.8% year over year to $1.54 billion for the quarter, below analysts' estimates for $1.57 billion.

The retailer announced that its board of directors authorized a 6% increase to 35 cents a share from 33 cents a share.

Williams-Sonoma said it expects earnings of 40 cents to 45 cents a share and revenue of $990 million to $1.01 billion for the first quarter of 2015. Analysts expect the company to report earnings of 54 cents a share and revenue of $1.04 billion for the first quarter.

TheStreet Ratings team rates WILLIAMS-SONOMA INC as a Buy with a ratings score of A+. TheStreet Ratings Team has this to say about their recommendation:

"We rate WILLIAMS-SONOMA INC (WSM) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, good cash flow from operations and increase in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results."

You can view the full analysis from the report here: WSM Ratings Report

WSM data by YCharts