RealReal Inc expected to post a loss of 14 cents a share - Earnings Preview

Realreal

03/08/2024 03:03

* RealReal Inc  REAL.OQ   REAL.O  is expected to show a rise
in
quarterly revenue when it reports  results on August 6 for the
period ending June 30 2024
    * The San Francisco California-based  company is expected to
report a 6.8% increase in revenue to $139.749 million from
$130.86 million a year ago, according to the mean estimate from
7 analysts, based on LSEG data.The company's guidance on May 7
2024, for the period ended June 30, was for revenue between
$135.00 million and $145.00 million.
    * ​LSEG's mean analyst estimate for RealReal Inc is for a
loss
of 14 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 5
"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
$4.00​, above​ its last closing price of $3.31. ​​​

The company's guidance on May 7 2024 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between 135 million and -3 million (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  
 Mar. 31 2024  -0.17       -0.16      -0.12     Beat    27
 Dec. 31 2024              -0.11      -0.07     Beat    37.3
 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.        -0.43       -0.43      -0.36     Beat    16.3
 31 2023                                                
 Dec. 31 2022  -0.35       -0.36      -0.29     Beat    19.9​
 Sep. 30 2022  -0.40       -0.42      -0.38     Beat    9.4
 Jun. 30 2022  -0.45       -0.44      -0.40     Beat    9.7
 This summary was machine generated August 3 at 02:02 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)