TheRealReal Sees Q1 2024 Revenue $135M-$145M Vs $143.201M Est.
Portfolio Pulse from Benzinga Newsdesk
TheRealReal projects its Q1 2024 revenue to be between $135M and $145M, which is below the estimated $143.201M.
February 29, 2024 | 10:09 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
TheRealReal's projected Q1 2024 revenue is below market expectations, indicating potential short-term pressure on its stock.
Revenue projections that fall short of market estimates can lead to negative investor sentiment and potential short-term declines in stock price. Given that TheRealReal's forecast is below the expected $143.201M, this could result in downward pressure on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100