We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
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.
Seeking Clues to REV Group (REVG) Q2 Earnings? A Peek Into Wall Street Projections for Key Metrics
Read MoreHide Full Article
The upcoming report from REV Group (REVG - Free Report) is expected to reveal quarterly earnings of $0.59 per share, indicating an increase of 51.3% compared to the year-ago period. Analysts forecast revenues of $596.64 million, representing a decrease of 3.3% year over year.
Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
In light of this perspective, let's dive into the average estimates of certain REV Group metrics that are commonly tracked and forecasted by Wall Street analysts.
It is projected by analysts that the 'Net Sales- Recreation Vehicles' will reach $164.12 million. The estimate suggests a change of -8.7% year over year.
Analysts expect 'Net Sales- Specialty Vehicles' to come in at $432.66 million. The estimate suggests a change of -1.1% year over year.
The average prediction of analysts places 'Adjusted EBITDA- Recreation Vehicles' at $10.15 million. Compared to the present estimate, the company reported $12.10 million in the same quarter last year.
The collective assessment of analysts points to an estimated 'Adjusted EBITDA- Specialty Vehicles' of $49.31 million. The estimate compares to the year-ago value of $33.80 million.
Shares of REV Group have experienced a change of +11.4% in the past month compared to the +6.4% move of the Zacks S&P 500 composite. With a Zacks Rank #4 (Sell), REVG is expected to underperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Seeking Clues to REV Group (REVG) Q2 Earnings? A Peek Into Wall Street Projections for Key Metrics
The upcoming report from REV Group (REVG - Free Report) is expected to reveal quarterly earnings of $0.59 per share, indicating an increase of 51.3% compared to the year-ago period. Analysts forecast revenues of $596.64 million, representing a decrease of 3.3% year over year.
Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
In light of this perspective, let's dive into the average estimates of certain REV Group metrics that are commonly tracked and forecasted by Wall Street analysts.
It is projected by analysts that the 'Net Sales- Recreation Vehicles' will reach $164.12 million. The estimate suggests a change of -8.7% year over year.
Analysts expect 'Net Sales- Specialty Vehicles' to come in at $432.66 million. The estimate suggests a change of -1.1% year over year.
The average prediction of analysts places 'Adjusted EBITDA- Recreation Vehicles' at $10.15 million. Compared to the present estimate, the company reported $12.10 million in the same quarter last year.
The collective assessment of analysts points to an estimated 'Adjusted EBITDA- Specialty Vehicles' of $49.31 million. The estimate compares to the year-ago value of $33.80 million.
View all Key Company Metrics for REV Group here>>>
Shares of REV Group have experienced a change of +11.4% in the past month compared to the +6.4% move of the Zacks S&P 500 composite. With a Zacks Rank #4 (Sell), REVG is expected to underperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>