Rent the Runway Inc reports results for the quarter ended January 31 - Earnings Summary
15/04/2025 14:31
Rent the Runway Inc RENT.OQ reported a quarterly adjusted loss of $3.44 per share for the quarter ended January 31, higher than the same quarter last year, when the company reported EPS of $-7.02. The lone analyst forecast for the quarter was for a loss of $3.28 per share. Revenue rose 0.8% to $76.40 million from a year ago; analysts expected $77.60 million. Rent the Runway Inc's reported EPS for the quarter was a loss of $3.44. The company reported a quarterly loss of $13.4 million. Rent the Runway Inc shares had risen by 20.9% this quarter and lost 36.6% so far this year. FORECAST CHANGES The mean earnings estimate of analysts had risen by about 3% 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 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the online services peer group is also "buy" Wall Street's median 12-month price target for Rent the Runway Inc is $40.00 This summary was machine generated from LSEG data April 15 at 01:31 p.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 |
| Jan. 31 2025 | -3.28 | -3.44 | Missed |
| Oct. 31 2024 | -4.98 | -4.94 | Beat |
| Jul. 31 2024 | -5.47 | -4.17 | Beat |
| Apr. 30 2024 | -7.43 | -6.03 | Beat |