REV Group's Earnings Outlook
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 positive stock price movements. The company's shares have seen a 64.8% increase over the last 52 weeks, indicating a bullish sentiment among long-term shareholders.
March 05, 2024 | 8:01 pm
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POSITIVE IMPACT
REV Group is expected to report a quarterly EPS of $0.15 on March 6, 2024. Positive historical performance and a 64.8% YOY stock increase suggest a bullish outlook.
Given REV Group's history of exceeding EPS estimates and the subsequent positive impact on its stock price, coupled with a significant 64.8% increase in share price over the past year, there is a strong indication of a positive short-term impact. The anticipation of not only meeting but potentially exceeding the EPS estimate, along with providing positive future guidance, could further bolster investor confidence and drive up the stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100