RH Posts Downbeat Earnings, Joins Apple, Tesla, Nvidia And Other Big Stocks Moving Lower In Thursday's Pre-Market Session
Benzinga (Thu, 03-Apr 8:24 AM)
U.S. stock futures were lower this morning, with the Dow futures falling more than 1,000 points on Thursday.
Shares of RH (NYSE:RH) fell sharply in today's pre-market trading after the company reported weaker-than-expected fourth-quarter financial results.
RH reported fourth-quarter revenue of $812.41 million, missing the consensus estimate of $829.56 million, according to Benzinga Pro. The luxury retailer reported fourth-quarter adjusted earnings of $1.58 per share, missing analyst estimates of $1.92 per share.
RH shares dipped 26.6% to $182.97 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
- AdvanSix Inc. (NYSE:ASIX) dipped 29% to $16.00 in pre-market trading.
- Hamilton Beach Brands ...