Revolve Gr Q2 2024 GAAP EPS $0.21 Beats $0.13 Estimate, Sales $282.456M Beat $277.199M Estimate
Portfolio Pulse from Benzinga Newsdesk
Revolve Group (NYSE: RVLV) reported Q2 2024 GAAP EPS of $0.21, beating the $0.13 estimate by 61.54%. Sales were $282.456M, surpassing the $277.199M estimate by 1.90%. This represents a 110% increase in EPS and a 3.19% increase in sales compared to the same period last year.
August 06, 2024 | 8:41 pm
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Revolve Group (NYSE: RVLV) reported strong Q2 2024 earnings, with GAAP EPS of $0.21 beating estimates by 61.54% and sales of $282.456M surpassing expectations. This indicates robust financial performance and growth.
The significant beat on both EPS and sales estimates, along with strong year-over-year growth, suggests positive market sentiment and potential short-term stock price appreciation for RVLV.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100