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RH: Fiscal Q4 Earnings Snapshot

CORTE MADERA, Calif. (AP) — CORTE MADERA, Calif. (AP) — RH (RH) on Tuesday reported fiscal fourth-quarter net income of $28.8 million.

The Corte Madera, California-based company said it had net income of $1.46 per share. Earnings, adjusted for non-recurring costs, came to $1.53 per share.

The results fell short of Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.21 per share.

The furniture and housewares company posted revenue of $842.6 million in the period, also falling short of Street forecasts. Six analysts surveyed by Zacks expected $872.4 million.

For the year, the company reported profit of $124.8 million, or $6.31 per share. Revenue was reported as $3.44 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RH at https://www.zacks.com/ap/RH

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
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