RealReal Inc reports results for the quarter ended in December - Earnings Summary

Realreal

01/03/2024 01:51

* RealReal Inc  REAL.OQ  reported a quarterly adjusted loss
of 7
cents​​ per share for the quarter ended in December, higher than
the same quarter last year, when the company reported EPS of -29
cents.  The mean expectation of ten analysts for the quarter was
for a loss of 11 cents per share. Wall Street expected
results to range from -12 cents to -10 cents per share.
    * Revenue fell 10.2% to $143.37 million from a year ago;
analysts
expected $142.44 million. 
    * RealReal Inc's reported EPS for the quarter was a loss
of 21
cents​.
    * The company reported a quarterly loss of $21.69 million.
    * RealReal Inc shares had fallen by 14.9% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the department
stores
peer group is also "hold"

Wall Street's median 12-month price target for RealReal Inc is
$2.63 
This summary was machine generated from LSEG data March 1 at
01:51 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.11          -0.07          Beat
 Sep. 30 2023      -0.26          -0.15          Beat
 Jun. 30 2023      -0.35          -0.30          Beat
 Mar. 31 2023      -0.43          -0.36          Beat