Revolve Gr Q3 EPS $0.04 Misses $0.10 Estimate, Sales $257.60M Beat $254.99M Estimate
Portfolio Pulse from bharat@benzinga.com
Revolve Gr (NYSE:RVLV) reported Q3 earnings of $0.04 per share, missing the analyst consensus estimate of $0.10 by 60%. This is a 75% decrease from the same period last year. However, the company reported quarterly sales of $257.60 million, beating the analyst consensus estimate of $254.99 million by 1.02%.
November 01, 2023 | 9:03 pm
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Revolve Gr's Q3 earnings per share missed estimates by 60%, but sales exceeded expectations. This mixed report may lead to uncertainty in the market.
Revolve Gr's earnings per share fell significantly short of estimates, which could negatively impact the stock. However, the company's sales exceeded expectations, which could offset some of the negative impact. The mixed results may lead to uncertainty and volatility in the stock's price in the short term.
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RELEVANCE 100