RealReal Inc expected to post a loss of 16 cents a share - Earnings Preview

Realreal

04/05/2024 03:06

* RealReal Inc  REAL.OQ   REAL.O  is expected to show a fall
in
quarterly revenue when it reports  results on May 7 for the
period ending March 31 2024
    * The San Francisco California-based  company is expected to
report a 1.4% decrease in revenue to $139.852 million from
$141.9 million a year ago, according to the mean estimate from 8
analysts, based on LSEG data.The company's guidance on February
29 2024, for the period ended March 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 16 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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
$2.88​, below​ its last closing price of $3.90. ​​​

The company's guidance on February 29 2024 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between 135 million and -4 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  
 Jan. 1 0001   -0.11       -0.11      -0.07     Beat    37.3
 Sep. 30 0001  -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.        -0.35       -0.36      -0.29     Beat    19.9
 31 2022                                                
 Sep. 30 2022  -0.40       -0.42      -0.38     Beat    9.4​
 Jun. 30 2022  -0.45       -0.44      -0.40     Beat    9.7
 Mar. 31 2022  -0.52       -0.52      -0.47     Beat    8.8
 This summary was machine generated May 4 at 02:06 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)