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

Realreal

09/08/2023 06:54

* RealReal Inc  REAL.OQ  reported a quarterly adjusted loss
of 30
cents​​ per share for the quarter ended in June. The mean
expectation of eleven analysts for the quarter was for a loss
of 35 cents per share.
    * Revenue fell 15.3% to $130.86 million from a year ago;
analysts
expected $132.52 million. 
    * RealReal Inc's reported EPS for the quarter was a loss
of 41
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * RealReal Inc shares had fallen by 2.3% this quarter and
gained 73.6% so far this year.
    * The company reported a quarterly loss of $41.33 million.
    * Wall Street's median 12-month price target for RealReal
Inc is
$2.60 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 05:54 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.35          -0.30          Beat
 Mar. 31 2023      -0.43          -0.36          Beat
 Dec. 31 2022      -0.36          -0.29          Beat
 Sep. 30 2022      -0.42          -0.38          Beat