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

Realreal

08/05/2024 12:46

* RealReal Inc  REAL.OQ  reported a quarterly adjusted loss
of 12
cents​​ per share for the quarter ended in March, higher than
the same quarter last year, when the company reported EPS of -36
cents.  The mean expectation of eight analysts for the quarter
was for a loss of 16 cents per share. Wall Street expected
results to range from -23 cents to -14 cents per share.
    * Revenue rose 1.3% to $143.80 million from a year ago;
analysts
expected $140.05 million. 
    * RealReal Inc's reported EPS for the quarter was a loss
of 30
cents​.
    * The company reported a quarterly loss of $31.1 million.
    * RealReal Inc shares had fallen by 3.3% this quarter and
gained 88.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 22.7%
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 "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the department
stores
peer group is also "buy"

Wall Street's median 12-month price target for RealReal Inc is
$3.45 
This summary was machine generated from LSEG data May 8 at 11:46
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
 Mar. 31 2024      -0.16          -0.12          Beat
 Dec. 31 2023      -0.11          -0.07          Beat
 Sep. 30 2023      -0.26          -0.15          Beat
 Jun. 30 2023      -0.35          -0.30          Beat