Stock Track | RH Plunges 8.48% in After-Hours Trading Following Earnings Release

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RH shares plummeted 8.48% in after-hours trading on Thursday as the company reported its third-quarter earnings results. The luxury home furnishings retailer was scheduled to release its financial performance after market close.

Analysts had expected RH to report quarterly earnings of $2.16 per share, down from $2.48 per share in the year-ago period. The stock's sharp decline suggests the company may have missed these expectations or provided disappointing guidance, though official results weren't detailed in available reports.

The movement follows a period of mixed analyst sentiment, with some firms downgrading the stock in recent months while others maintained neutral or positive ratings. RH had previously reported worse-than-expected second-quarter results in September.

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