How has RH's earnings growth trended over the past year?

RH's earnings growth has been volatile over the past year, with a notable decline in the fourth quarter of 2024.

1. **Q4 2024 Earnings Performance**: RH reported its fourth-quarter 2024 earnings, revealing a miss in both earnings per share (EPS) and revenue forecasts. Despite a robust revenue increase of 18% on a comparable 13-week basis, the luxury home furnishings retailer’s actual EPS of $1.58 fell short of the expected $1.89. Revenue also missed expectations, coming in at $812.4 million compared to the forecasted $828.24 million.
2. **Stock Reaction**: Following the earnings release, RH’s stock plummeted 25.81% in after-hours trading, closing at $185. The company's stock has been particularly volatile with a beta of 2.51, significantly higher than the market average, which explains the sharp reaction to earnings misses.
3. **Fiscal Year 2025 Outlook**: RH is projecting a revenue growth of 10-13% for the fiscal year 2025, indicating a potential recovery or stabilization in their earnings trend.

In conclusion, RH's earnings have experienced a recent setback in Q4 2024, but the company remains optimistic about future growth, as indicated by their projected revenue increase for the upcoming fiscal year.