REV Group Inc expected to post earnings of 42 cents a share - Earnings Preview

Rev

02/09/2024 13:41

* REV Group Inc  REVG.N   REVG.K  is expected to show a fall
in
quarterly revenue when it reports  results on September 4 for
the period ending July 31 2024
    * The Brookfield Wisconsin-based  company is expected to
report a
9.0% decrease in revenue to $618.69 million from $680 million a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for REV Group Inc is for
earnings
of 42 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for REV Group
Inc is
$30.75​, below​ its last closing price of $31.84. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Apr. 30 2024  0.26        0.26       0.39      Beat    48.7
 Jan. 31 2024  0.15        0.15       0.25      Beat    66.7
 Oct. 31 2023  0.34        0.34       0.53      Beat    55.9​
 Jul. 31 2023  0.24        0.23       0.35      Beat    51.8
 ​​Apr.        0.19        0.18       0.35      Beat    90.9
 30 2023                                                
 Jan. 31 2023  0.00        0.00       0.12      Beat    2,500​
 Oct. 31 2022  0.25        0.25       0.28      Beat    14
 Jul. 31 2022  0.23        0.22       0.24      Beat    8
 This summary was machine generated September 2 at 12:41 GMT. 
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)