RealReal Inc reports results for the quarter ended in September 30 - Earnings Summary

Realreal

05/11/2024 08:00

* RealReal Inc  REAL.OQ  reported a quarterly adjusted loss
of 9
cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of -15 cents.  The mean expectation of six analysts for the
quarter was for a loss of 9 cents per share. Wall Street
expected results to range from -9 cents to -8 cents per share.
    * Revenue rose 11% to $147.76 million from a year ago;
analysts
expected $142.02 million. 
    * RealReal Inc's reported EPS for the quarter was a loss
of 17
cents​.
    * The company reported a quarterly loss of $17.94 million.
    * RealReal Inc shares had fallen by 2.9% this quarter and
gained 51.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 8.8%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the department
stores
peer group is  "hold."

Wall Street's median 12-month price target for RealReal Inc is
$4.00 
This summary was machine generated from LSEG data November 5 at
08:00 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
 Sep. 30 2024      -0.09          -0.09          Met
 Jun. 30 2024      -0.14          -0.13          Beat
 Mar. 31 2024      -0.16          -0.12          Beat
 Dec. 31 2023      -0.11          -0.07          Beat