RealReal Q2 EPS $(0.30) Beats $(0.35) Estimate, Sales $130.85M Miss $132.75M Estimate
Portfolio Pulse from Benzinga Newsdesk
RealReal (NASDAQ:REAL) reported Q2 losses of $(0.30) per share, beating the analyst consensus estimate of $(0.35) by 14.29%. However, the company's quarterly sales of $130.85 million missed the analyst consensus estimate of $132.75 million by 1.43%. This represents a 15.27% decrease in sales compared to the same period last year.
August 08, 2023 | 8:23 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
RealReal's Q2 earnings beat estimates but sales missed, indicating mixed performance.
RealReal's earnings beat estimates, which is positive for the stock. However, the miss on sales and the YoY decrease could negatively impact the stock, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100