Restoration Hardware Holdings (RH) reported fourth quarter EPS of $1.02 after the close Thursday, up from $0.65 in the prior year. Analysts expected EPS of $1.01. The company expects to report first quarter EPS of $0.18 to $0.20 and between $2.95 and $3.10 for the full year 2015. The consensus estimates are for EPS of $0.23 and $3.00.
Restoration Hardware posted gains in early trade Friday and advanced further around midday. Shares finished up by 3.78 at $96.92 on above average volume. The stock rose to its highest level since the middle of January.
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