REV Group Q3 2024 Adj. EPS $0.48 Beats $0.42 Estimate, Sales $579.400M Miss $618.690M Estimate
Portfolio Pulse from Benzinga Newsdesk
REV Group reported Q3 2024 earnings per share of $0.48, surpassing the expected $0.42, but sales of $579.4 million fell short of the $618.69 million estimate, marking a 14.79% decline from the previous year.
September 04, 2024 | 11:02 am
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REV Group's Q3 2024 earnings per share exceeded expectations at $0.48, but sales missed estimates at $579.4 million, a 14.79% decrease from last year.
The positive EPS surprise is offset by the sales miss and significant year-over-year decline, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100