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.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100