Arhaus (ARHS) to Release Quarterly Earnings on Thursday

Arhaus (NASDAQ:ARHS) is scheduled to issue its quarterly earnings data before the market opens on Thursday, May 2nd. Analysts expect the company to announce earnings of $0.02 per share for the quarter. Arhaus has set its FY 2024 guidance at EPS and its Q1 2024 guidance at EPS.Persons that wish to listen to the company’s earnings conference call can do so using this link.

Arhaus (NASDAQ:ARHS) last released its quarterly earnings data on Thursday, March 7th. The company reported $0.16 EPS for the quarter, meeting analysts’ consensus estimates of $0.16. Arhaus had a return on equity of 42.60% and a net margin of 9.73%. The firm had revenue of $344.01 million for the quarter, compared to analysts’ expectations of $336.73 million. During the same period in the prior year, the firm posted $0.34 earnings per share. On average, analysts expect Arhaus to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Arhaus Trading Down 4.4 %

ARHS opened at $14.06 on Thursday. Arhaus has a one year low of $6.75 and a one year high of $16.60. The stock has a market capitalization of $1.97 billion, a PE ratio of 15.80, a P/E/G ratio of 2.46 and a beta of 2.42. The business’s 50 day moving average price is $14.45 and its 200 day moving average price is $11.71. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.78 and a current ratio of 1.50.

Arhaus Announces Dividend

The company also recently declared a dividend, which was paid on Thursday, April 4th. Shareholders of record on Thursday, March 21st were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Wednesday, March 20th.

Wall Street Analysts Forecast Growth

A number of research firms have commented on ARHS. Telsey Advisory Group upped their price target on Arhaus from $15.00 to $17.00 and gave the stock an “outperform” rating in a research note on Thursday, March 7th. Bank of America upped their price objective on Arhaus from $14.50 to $17.00 and gave the stock a “buy” rating in a research report on Wednesday, March 20th. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, Arhaus has an average rating of “Moderate Buy” and a consensus target price of $15.25.

Arhaus Company Profile

Arhaus, Inc operates as a lifestyle brand and premium retailer in the home furnishings market in the United States. It provides merchandise assortments across various categories, including furniture, lighting, textiles, décor, and outdoor. The company's furniture products comprise bedroom, dining room, living room, and home office furnishings, which includes sofas, dining tables and chairs, accent chairs, console and coffee tables, beds, headboards, dressers, desks, bookcases, modular storage, and other items; and outdoor products, such as outdoor dining tables, chairs, chaises and other furniture, lighting, textiles, décor, umbrellas, and fire pits.