Revolve Group Inc expected to post earnings of 15  cents a share - Earnings Preview

Revolve

02/05/2023 03:07

* Revolve Group Inc  RVLV.N   RVLV.K  is expected to show a
rise
in quarterly revenue when it reports  results on May 3. 
    * The Cerritos California-based  company is expected to
report  a
2.5% increase in revenue to $290.712 million from $283.5 million
a year ago, according to the mean estimate from 17 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Revolve Group Inc
is for
earnings of 15 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 5
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 1.7%
in the last three months. ​
    * Wall Street's median 12-month price target for Revolve
Group Inc
is $29​, above​ its last closing price of $20.50. ​​​

The company's guidance on February 23 2023 for the period ended
March 31 was for gross profit margin between 49% and 50%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.09        0.10       0.11      Beat    14.4
 Sep. 30 2022  0.08        0.09       0.16      Beat    87.1
 Jun. 30 2022  0.30        0.31       0.22      Missed  -28.3​
 Mar. 31 2022  0.27        0.27       0.30      Beat    12.3
 ​​Dec.        0.19        0.18       0.39      Beat    113
 31 2021                                                
 Sep. 30 2021  0.15        0.14       0.22      Beat    52.2​
 Jun. 30 2021  0.21        0.21       0.42      Beat    100.2
 Mar. 31 2021  0.13        0.13       0.30      Beat    127.9
 This summary was machine generated May 2 at 02:07 GMT.  All
figures in US dollars  unless otherwise stated