Revolve Group Inc expected to post earnings of 9cents a share - Earnings Preview

Revolve

01/11/2022 02:05

* Revolve Group Inc  RVLV.N   RVLV.K  is expected to show a
rise
in quarterly revenue when it reports  results on November 2. 
    * The Cerritos California-based  company is expected to
report  a
5.6% increase in revenue to $257.781 million from $244.06
million a year ago, according to the mean estimate from 15
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Revolve Group Inc
is for
earnings of 9 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 3
"hold" and 2 "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 Revolve
Group Inc
is $30​, above​ its last closing price of $24.00. ​​​

The company's guidance on August 3 2022 for the period ended
September 30 was for gross profit margin between 53.5% and 54%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  0.19        0.18       0.39      Beat    113​
 Sep. 30 2021  0.15        0.14       0.22      Beat    52.2
 ​​Jun.        0.21        0.21       0.42      Beat    100.2
 30 2021                                                
 Mar. 31 2021  0.13        0.13       0.30      Beat    127.9​
 Dec. 31 2020  0.11        0.11       0.26      Beat    137.7
 Sep. 30 2020  0.14        0.14       0.27      Beat    94.4
 This summary was machine generated November 1 at 02:05 GMT.  All
figures in US dollars  unless otherwise stated