REV Group Inc reports results for the quarter ended in April - Earnings Summary

Rev

08/06/2023 14:31

* REV Group Inc  REVG.N  reported quarterly adjusted
earnings of
35 cents​​ per share for the quarter ended in April. The mean
expectation of six analysts for the quarter was for earnings of
18 cents per share.
    * Revenue rose 18.2% to $681.20 million from a year ago;
analysts
expected $580.46 million. 
    * REV Group Inc's reported EPS for the quarter was 24
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.8%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * REV Group Inc shares had fallen by 1.9% this quarter and
lost 6.8% so far this year.
    * The company reported quarterly net income of $14.2
million.
    * Wall Street's median 12-month price target for REV Group
Inc is
$13.25 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data June
8 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Apr. 30 2023      0.18           0.35           Beat
 Jan. 31 2023      0.00           0.12           Beat
 Oct. 31 2022      0.25           0.28           Beat
 Jul. 31 2022      0.22           0.24           Beat