SAN FRANCISCO (MarketWatch) Shares of Restoration Hardware Holdings fell in the extended session Wednesday after revenue results and forecasts fell below Wall Street consensus estimates.

Restoration Hardware RH, -3.70% shares fell 3.7% to $79 on heavy volume after the luxury home goods retailer reported fiscal second-quarter earnings of 66 cents a share on revenue of $433.8 million.

While the bottom line was above the 64 cents a share analysts surveyed by FactSet expected, the top line was below the estimated $454.3 million.

Restoration Hardware forecast earnings of 46 cents to 48 cents a share on revenue of $475 million to $485 million for the third quarter, and $2.29 to $2.33 a share on revenue of $1.85 billion to $1.87 billion for the year.

Here again, while the earnings forecast may have passed muster, the revenue one didnt. Analysts expect third-quarter earnings of 43 cents on revenue of $478 million, and for the year, earnings of $2.32 on revenue of $1.89 billion.

Back in June, shares of Restoration Hardware rallied after the luxury-home-goods retailer raised its outlook for the year.

JDS Uniphase Corp. JDSU, +11.28% shares surged 14% to $13.80 on heavy volume after the networking equipment maker announced plans to split the company in two.

Five Below FIVE, -1.25% shares declined 4.7% to $40.37 on moderate volume after the teen-themed discount retailers earnings outlook fell below consensus estimates.

The company sees third-quarter earnings of 5 cents to 6 cents on revenue of $136 million to $138 million for the third quarter, and 86 cents to 89 cents on revenue of $681 million to $687 million for the year.

Analysts estimate 7 cents a share on revenue of $137 million for the third quarter, and 90 cents a share on revenue of $684.8 million for the year.

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After Hours: Restoration Hardware shares fall after hours

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September 11, 2014 at 12:44 pm by Mr HomeBuilder
Category: Home Restoration