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REV Group (REVG) Reports Q3 Earnings: What Key Metrics Have to Say
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For the quarter ended July 2024, REV Group (REVG - Free Report) reported revenue of $579.4 million, down 14.8% over the same period last year. EPS came in at $0.48, compared to $0.35 in the year-ago quarter.
The reported revenue represents a surprise of -7.10% over the Zacks Consensus Estimate of $623.66 million. With the consensus EPS estimate being $0.44, the EPS surprise was +9.09%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how REV Group performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Sales- Recreation Vehicles
: $147.40 million compared to the $183.76 million average estimate based on three analysts. The reported number represents a change of -31.3% year over year.
Net Sales- Specialty Vehicles
: $432.10 million compared to the $440.61 million average estimate based on three analysts.
Net Sales- Corporate & Other
: -$0.10 million versus -$0.71 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -85.7% change.
Adjusted EBITDA- Recreation Vehicles
: $9.40 million versus $13.04 million estimated by three analysts on average.
Adjusted EBITDA- Specialty Vehicles
: $44.30 million versus $37.25 million estimated by three analysts on average.
Adjusted EBITDA- Corporate & Other
: -$8.50 million versus -$8.27 million estimated by three analysts on average.
Shares of REV Group have returned +9.3% over the past month versus the Zacks S&P 500 composite's +3.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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REV Group (REVG) Reports Q3 Earnings: What Key Metrics Have to Say
For the quarter ended July 2024, REV Group (REVG - Free Report) reported revenue of $579.4 million, down 14.8% over the same period last year. EPS came in at $0.48, compared to $0.35 in the year-ago quarter.
The reported revenue represents a surprise of -7.10% over the Zacks Consensus Estimate of $623.66 million. With the consensus EPS estimate being $0.44, the EPS surprise was +9.09%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how REV Group performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
View all Key Company Metrics for REV Group here>>>Net Sales- Recreation Vehicles
: $147.40 million compared to the $183.76 million average estimate based on three analysts. The reported number represents a change of -31.3% year over year.Net Sales- Specialty Vehicles
: $432.10 million compared to the $440.61 million average estimate based on three analysts.Net Sales- Corporate & Other
: -$0.10 million versus -$0.71 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -85.7% change.Adjusted EBITDA- Recreation Vehicles
: $9.40 million versus $13.04 million estimated by three analysts on average.Adjusted EBITDA- Specialty Vehicles
: $44.30 million versus $37.25 million estimated by three analysts on average.Adjusted EBITDA- Corporate & Other
: -$8.50 million versus -$8.27 million estimated by three analysts on average.Shares of REV Group have returned +9.3% over the past month versus the Zacks S&P 500 composite's +3.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.