REV Group's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
REV Group (NYSE:REVG) is anticipated to report a quarterly EPS of $0.15 on March 6, 2024. Analysts and investors are keen on whether the company will surpass this estimate and provide positive future guidance. Historically, REV Group has exceeded EPS estimates, leading to share price increases. The stock has seen a 63.78% rise over the past year, trading at $21.02 as of March 4.
March 05, 2024 | 2:01 pm
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REV Group is expected to report a quarterly EPS of $0.15 on March 6, 2024, with a focus on whether it will exceed this estimate and offer positive future guidance.
Given REV Group's history of surpassing EPS estimates and the subsequent positive impact on its share price, a repeat performance could lead to a short-term price increase. The anticipation of positive future guidance, in addition to a potential earnings beat, could further bolster investor confidence and drive the stock price up.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100