We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Here's What Key Metrics Tell Us About The RealReal (REAL) Q3 Earnings
Read MoreHide Full Article
The RealReal (REAL - Free Report) reported $133.17 million in revenue for the quarter ended September 2023, representing a year-over-year decline of 6.7%. EPS of -$0.15 for the same period compares to -$0.38 a year ago.
The reported revenue represents a surprise of +7.13% over the Zacks Consensus Estimate of $124.31 million. With the consensus EPS estimate being -$0.26, the EPS surprise was +42.31%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how The RealReal performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
GMV (Gross Merchandise Value): $407.61 million compared to the $400.04 million average estimate based on three analysts.
AOV (Average Order Value): $513 versus the two-analyst average estimate of $490.78.
Number of Orders: 794 versus the two-analyst average estimate of 868.
NMV (Net Merchandise Value): $302.91 million versus the two-analyst average estimate of $292.74 million.
Take Rate: 38.1% compared to the 36.8% average estimate based on two analysts.
Active Buyers: 954 thousand compared to the 988 thousand average estimate based on two analysts.
Revenue- Direct Revenue: $17.36 million versus the four-analyst average estimate of $17.70 million. The reported number represents a year-over-year change of -49%.
Shares of The RealReal have returned -0.6% over the past month versus the Zacks S&P 500 composite's +1.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Here's What Key Metrics Tell Us About The RealReal (REAL) Q3 Earnings
The RealReal (REAL - Free Report) reported $133.17 million in revenue for the quarter ended September 2023, representing a year-over-year decline of 6.7%. EPS of -$0.15 for the same period compares to -$0.38 a year ago.
The reported revenue represents a surprise of +7.13% over the Zacks Consensus Estimate of $124.31 million. With the consensus EPS estimate being -$0.26, the EPS surprise was +42.31%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how The RealReal performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- GMV (Gross Merchandise Value): $407.61 million compared to the $400.04 million average estimate based on three analysts.
- AOV (Average Order Value): $513 versus the two-analyst average estimate of $490.78.
- Number of Orders: 794 versus the two-analyst average estimate of 868.
- NMV (Net Merchandise Value): $302.91 million versus the two-analyst average estimate of $292.74 million.
- Take Rate: 38.1% compared to the 36.8% average estimate based on two analysts.
- Active Buyers: 954 thousand compared to the 988 thousand average estimate based on two analysts.
- Revenue- Direct Revenue: $17.36 million versus the four-analyst average estimate of $17.70 million. The reported number represents a year-over-year change of -49%.
View all Key Company Metrics for The RealReal here>>>Shares of The RealReal have returned -0.6% over the past month versus the Zacks S&P 500 composite's +1.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.