TheRealReal Sees Q3 Revenue $120M-$130M Vs $131.43M Est
Portfolio Pulse from Benzinga Newsdesk
TheRealReal, a luxury consignment store, has projected its Q3 revenues to be between $120M-$130M, which is lower than the estimated $131.43M.
August 08, 2023 | 9:10 pm
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TheRealReal's lower than expected Q3 revenue projection could negatively impact its stock price.
TheRealReal's projected Q3 revenues are lower than the estimated $131.43M. This shortfall could lead to a negative sentiment among investors, potentially causing a decrease in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100