NEW YORK (TheStreet) -- Shares of Restoration Hardware Holdings Inc (RH) are down 4.35% to $78.44 in after-hours trading today following its mixed second quarter earnings results with 67 cents per share for the quarter, 3 cents better than the analyst estimate of 64 cents, but missing the consensus estimate for revenue with $433.8 million, below the expected $454.38 million.
The furnishing company expects third quarter earnings of 46 cents to 48 cents per share on revenue of $475 million to $486 million, compared to the consensus estimate of 43 cents per share and $478.96 million in revenue.
Restoration Hardware expects full year earnings of a range of $2.29 to $2.33 per share on revenue of $1.85 billion to $1.87 billion, versus the consensus estimate of $2.31 per share on $1.88 billion in revenue.
TheStreet's Gregg Greenberg takes a closer look at Restoration Hardware's latest quarterly results:
TheStreet Ratings team rates RESTORATION HARDWARE HLDNGS as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:
"We rate RESTORATION HARDWARE HLDNGS (RH) a HOLD. The primary factors that have impacted our rating are mixed ? some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income and expanding profit margins. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall."