REV Group Q1 Adj EPS $0.25 Beats $0.15 Estimate, Sales $586.00M Beat $579.42M Estimate
Portfolio Pulse from Benzinga Newsdesk
REV Group (NYSE:REVG) reported Q1 adjusted EPS of $0.25, surpassing the $0.15 estimate, and sales of $586M, exceeding the $579.42M estimate. This represents a 108.33% increase in EPS and a 0.43% increase in sales from the same period last year.
March 06, 2024 | 12:01 pm
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REV Group reported a significant beat on both earnings and sales estimates for Q1, with a 108.33% increase in EPS year-over-year.
The substantial beat on both earnings per share and sales estimates, coupled with the impressive year-over-year growth, is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
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