Ryerson Holding (NYSE:RYI) reported quarterly earnings of $5.31 per share which beat the analyst consensus estimate of $4.58 by 15.94 percent. This is a 328.23 percent increase over earnings of $1.24 per share from the same period last year.
What’s Going On With RH Stock On Friday?
RH shares are trading lower in premarket after reporting first-quarter financial results, citing concerns about the housing market and expectations for increased backlog, despite plans for expansion including a Waterworks Showroom in Newport Beach.