Restoration Hardware (RH) Stock Gains After-Hours After Earnings Beat

NEW YORK (TheStreet) -- Shares of Restoration Hardware (RH) were gaining 3.1% to $89 after-hours Wednesday after the home furnishing retailer beat analysts' expectations for earnings and revenue in the fiscal third quarter.

Restoration Hardware reported earnings of 49 cents a share for the fiscal third quarter, beating analysts' estimates of 48 cents a share by 1 cent. Revenue grew 22.5% year over year to $484.7 million for the quarter, above analysts' estimates of $481.91 million.

Looking to the fiscal fourth quarter, Restoration Hardware expects earnings of 99 cents to $1.01 a share and revenue of $575 million to $585 million. Analysts expect earnings of $1 a share and revenue of $582.84 million for the fourth quarter.

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Restoration Hardware (RH) Stock Gains After-Hours After Earnings Beat