Revolve Group Inc reports results for the quarter ended in June - Earnings Summary

Revolve

02/08/2023 22:02

* Revolve Group Inc  RVLV.N  reported quarterly adjusted
earnings
of 10 cents​​ per share for the quarter ended in June. The mean
expectation of eighteen analysts for the quarter was
for earnings of 7 cents per share.
    * Revenue fell 5.6% to $273.73 million from a year ago;
analysts
expected $273.99 million. 
    * Revolve Group Inc's reported EPS for the quarter was 10
cents​.
    * The mean earnings estimate of analysts had fallen by
about 50.1%
in the last three months.​ 
    * In the last 30 days, five analysts negatively revised
earnings
estimates 
    * Revolve Group Inc shares had risen by 15.1% this
quarter and
lost 15.2% so far this year.
    * The company reported quarterly net income of $7.3 million.
    * Wall Street's median 12-month price target for Revolve
Group Inc
is $22.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 7
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 2 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.07           0.10           Beat
 Mar. 31 2023      0.15           0.19           Beat
 Dec. 31 2022      0.10           0.11           Beat
 Sep. 30 2022      0.09           0.16           Beat