TheRealReal Sees FY24 Revenue $580-$605M Vs $581.701M Est.
Portfolio Pulse from Benzinga Newsdesk
TheRealReal projects its FY24 revenue to be in the range of $580 million to $605 million, which is in line with the analyst estimate of $581.701 million.
February 29, 2024 | 10:09 pm
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NEUTRAL IMPACT
TheRealReal's FY24 revenue projection aligns closely with analyst expectations, indicating stability in its business outlook.
TheRealReal's revenue forecast for FY24 is very close to the analyst estimates, suggesting that the company's performance is in line with market expectations. This alignment typically indicates a neutral impact on the stock price in the short term, as it neither significantly exceeds nor falls short of what investors were anticipating.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100