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Stock impact report

Earnings Beat: Arhaus, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models [Yahoo! Finance]

Arhaus, Inc. (ARHS) 
Company Research Source: Yahoo! Finance
Arhaus reported US$1.3b in revenue, roughly in line with analyst forecasts, although statutory earnings per share (EPS) of US$0.89 beat expectations, being 6.8% higher than what the analysts expected. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year. Check out our latest analysis for Arhaus Following the latest results, Arhaus' nine analysts are now forecasting revenues of US$1.35b in 2024. This would be a satisfactory 5.1% improvement in revenue compared to the last 12 months. Statutory earnings per share are expected to drop 17% to US$0.74 in the same period. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$1.33b and earnings per share (EPS) of US$0.74 in 2024. There doesn't appea Show less Read more
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