Revolve Gr Q2 EPS $0.10 Beats $0.07 Estimate, Sales $273.73M Miss $276.28M Estimate
Portfolio Pulse from bharat@benzinga.com
Revolve Gr (NYSE:RVLV) reported Q2 earnings of $0.10 per share, beating the analyst consensus estimate of $0.07 by 42.86%. However, this is a 54.55% decrease from the same period last year. The company's quarterly sales of $273.73 million missed the analyst consensus estimate of $276.28 million by 0.92%, marking a 5.63% decrease from last year.
August 04, 2023 | 12:07 pm
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Revolve Gr's Q2 earnings beat estimates but were lower than last year's. Sales missed estimates and were also lower than last year's.
Revolve Gr's earnings beat estimates, which is generally a positive signal. However, the decrease in earnings and sales compared to the same period last year could negatively impact the stock price in the short term.
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