RealReal Inc expected to post a loss of 11 cents a share - Earnings Preview

Realreal

27/02/2024 22:21

* RealReal Inc  REAL.OQ   REAL.O  is expected to show a fall
in
quarterly revenue when it reports  results on February 29 for
the period ending December 31 2023
    * The San Francisco California-based  company is expected to
report a 10.8% decrease in revenue to $142.435 million from
$159.66 million a year ago, according to the mean estimate from
9 analysts, based on LSEG data.The company's guidance on
November 7 2023, for the period ended December 31, was for
revenue between $135.00 million and $145.00 million.
    * ​LSEG's mean analyst estimate for RealReal Inc is for a
loss
of 11 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 8
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for RealReal
Inc is
$2.63​, above​ its last closing price of $1.58. ​​​

The company's guidance on November 7 2023 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between 135 million and 0
(USD).
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -0.26       -0.26      -0.15     Beat    41.7
 Jun. 30 2023  -0.35       -0.35      -0.30     Beat    15.3
 Mar. 31 2023  -0.43       -0.43      -0.36     Beat    16.3​
 Dec. 31 2022  -0.35       -0.36      -0.29     Beat    19.9
 ​​Sep.        -0.40       -0.42      -0.38     Beat    9.4
 30 2022                                                
 Jun. 30 2022  -0.45       -0.44      -0.40     Beat    9.7​
 Mar. 31 2022  -0.52       -0.52      -0.47     Beat    8.8
 Dec. 31 2021  -0.40       -0.39      -0.42     Missed  -7.4
 This summary was machine generated February 27 at 22:21 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)