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

Revolve

03/05/2023 22:53

* Revolve Group Inc  RVLV.N  reported quarterly adjusted
earnings
of 19 cents​​ per share for the quarter ended in March. The mean
expectation of eighteen analysts for the quarter was
for earnings of 15 cents per share.
    * Revenue fell 1.4% to $279.61 million from a year ago;
analysts
expected $290.71 million. 
    * Revolve Group Inc's reported EPS for the quarter was 19
cents​.
    * The mean earnings estimate of analysts had fallen by
about 11.1%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Revolve Group Inc shares had fallen by 23.7% this
quarter and
lost 9.8% so far this year.
    * The company reported quarterly net income of $14.17
million.
    * Wall Street's median 12-month price target for Revolve
Group Inc
is $29.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
3 at 09:53 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.15           0.19           Beat
 Dec. 31 2022      0.10           0.11           Beat
 Sep. 30 2022      0.09           0.16           Beat
 Jun. 30 2022      0.31           0.22           Missed