RH rises 8.2% after quarterly earnings beat
RH shares rose 8.2% in pre-market trading after the company reported second-quarter adjusted earnings of $2.70 a share, above the Street estimate of $1.78. Revenue was $922.15 million, below consensus of $936.25 million, but above the year-ago $899.15 million.
Shares of RH (NYSE: RH ) rose sharply in pre-market trading after the company reported better-than-expected second-quarter earnings. RH reported quarterly earnings of $2.70 per share, which beat the Street estimate of $1.78 by 51.69%, per Pro data. Quarterly revenue of $922.15 million missed the analyst consensus estimate of $936.25 million, but was up from $899.15 million in the same period last year. RH shares jumped 8.2% to $145.00 in pre-market trading.
Here are some other stocks moving in pre-market trading. Gainers Alliance Entertainment Holding Corp (NASDAQ: AENT ) gained 113.3% to $11.75 in pre-market trading after the company reported better-than-expected fourth-quarter financial results. Surgepays Inc (NASDAQ: SURG ) gained 46.6% to $0.24 in pre-market trading. The company announced the sale of its ClearLine apps engagement platform to GPO Plus for $27.5 million.
ACV Auctions Inc (NYSE: ACVA ) rose 43.4% to $10.35 in pre-market trading after Texas-based provider of online vehicle auction and remarketing services Copart Inc. (NASDAQ: CPRT ) announced a definitive agreement to acquire the company for $10.50 per share in cash. Biodexa Pharmaceuticals PLC-ADR (NASDAQ: BDRX ) rose 30.9% to $0.86 in pre-market trading after dipping around 18% on Thursday. Frequency Electronics Inc (NASDAQ: FEIM ) gained 30.3% to $80.88 in pre-market trading after the company reported better-than-expected first-quarter financial results.
LI Bang International Corporation Inc (NASDAQ: LBGJ ) rose 29.1% to $2.50 in pre-market trading after dropping 8% on Thursday. Picocela Inc — ADR (NASDAQ: PCLA ) rose 23.2% to $11.97 in pre-market trading after jumping 31% on Thursday. Myriad Genetics Inc (NASDAQ: MYGN ) gained 8.3% to $3.64 in pre-market trading after adding 5% on Thursday. Oracle Corp (NYSE: ORCL ) gained 7.1% to $163.82 in pre-market trading after the company reported better-than-expected first-quarter financial results and raised its FY27 adjusted EPS guidance.
Losers Ocean Power Technologies Inc (NYSE: OPTT ) tumbled 16.3% to $0.13 in pre-market trading after the company announced a 1-for-30 reverse stock split effective September 14. Zumiez Inc (NASDAQ: ZUMZ ) fell 15.7% to $14.07 in pre-market trading after the company reported worse-than-expected second-quarter financial results. Professional Diversity Network In c (NASDAQ: IPDN ) fell 13.1% to $0.12 in pre-market trading after gaining 12% on Thursday. Cheetah Mobile Inc (NYSE: CMCM ) fell 12.7% to $2.89 in pre-market trading after reporting second-quarter results.
Next Technology Holding Inc (NASDAQ: NXTT ) declined 12.5% to $4.22 in pre-market trading. Next Technology announced a 100-for-1 reverse stock split. CVD Equipment Corp (NASDAQ: CVV ) fell 12.3% to $5.50 in pre-market trading after the company announced a restructuring plan and leadership transition. Megan Holdings Ltd (NASDAQ: MGN ) fell 12.1% to $0.17 in pre-market trading after dipping 30% on Thursday.
Wealthfront Corp (NASDAQ: WLTH ) fell 6.6% to $10.16 in pre-market trading. Wealthfront shares jumped 15% on Thursday after the company reported better-than-expected second-quarter financial results. Backblaze Inc (NASDAQ: BLZE ) fell 4.5% to $11.76 in pre-market trading after dropping 7% on Thursday. Adobe Inc (NASDAQ: ADBE ) fell 3.1% to $241.01 in pre-market trading.
Adobe posted better-than-expected third-quarter fiscal 2026 results. Photo via Shutterstock