The RealReal Sees FY24 Revenue $595M-$602M Up From $580M-$595M Vs $585.204M Est.
Portfolio Pulse from Benzinga Newsdesk
The RealReal has increased its FY24 revenue guidance to $595M-$602M, up from the previous range of $580M-$595M, surpassing the estimated $585.204M.
October 28, 2024 | 12:35 pm
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The RealReal has raised its FY24 revenue guidance to $595M-$602M, which is higher than both its previous guidance and market estimates. This suggests a positive outlook for the company's financial performance.
The increase in revenue guidance indicates that The RealReal expects better-than-anticipated financial performance, which is likely to positively impact investor sentiment and the stock price in the short term.
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