At Home Group: Fiscal 3Q Earnings Snapshot

Associated Press
·1 min read

PLANO, Texas (AP) _ At Home Group Inc. (HOME) on Tuesday reported fiscal third-quarter net income of $47.1 million, after reporting a loss in the same period a year earlier.

The Plano, Texas-based company said it had net income of 71 cents per share. Earnings, adjusted for one-time gains and costs, came to 74 cents per share.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 63 cents per share.

The home decor retailer posted revenue of $470 million in the period, which met Street forecasts.

At Home Group shares have more than tripled since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $18.42, more than doubling in the last 12 months.

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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 HOME at https://www.zacks.com/ap/HOME

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