REV Group REVG announces its next round of earnings this Wednesday, September 4. Here is Benzinga's everything-that-matters guide for the Q3 earnings announcement.
Earnings and Revenue
Wall Street expects EPS of 42 cents and sales around $631.94 million.
REV Group reported a profit of 38 cents when it published results during the same quarter last year. Sales in that period totaled $597.70 million. If the company were to report inline earnings when it publishes results Wednesday, earnings would be up 10.53%. Sales would be up 5.73% from the year-ago period. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:
Quarter | Q2 2019 | Q1 2019 | Q4 2018 | Q3 2018 |
EPS Estimate | 0.250 | 0.02 | 0.53 | 0.44 |
EPS Actual | 0.240 | -0.05 | 0.28 | 0.38 |
Stock Performance
Over the last 52-week period, shares are down 22.11%. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release.
nalyst estimates are adjusted higher for EPS and revenues over the past 90 days. Analysts seem to have settled on a Neutral rating with REV Group. The strength of this rating has maintained conviction over the past three months.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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