REV Group Q2 2024 Adj EPS $0.39 Beats $0.26 Estimate, Sales $616.900M Beat $601.459M Estimate
Portfolio Pulse from Benzinga Newsdesk
REV Group (NYSE:REVG) reported Q2 2024 adjusted EPS of $0.39, beating the $0.26 estimate. Sales were $616.9M, surpassing the $601.459M estimate but down 9.44% from last year.
June 05, 2024 | 11:01 am
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REV Group reported strong Q2 2024 earnings with an adjusted EPS of $0.39, significantly beating the analyst estimate of $0.26. Sales also exceeded expectations at $616.9M, although they were down 9.44% from the same period last year.
The significant beat on EPS and the slight beat on sales are positive indicators for the stock in the short term. However, the year-over-year decline in sales may temper some of the enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100