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Compared to Estimates, The RealReal (REAL) Q3 Earnings: A Look at Key Metrics

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The RealReal (REAL - Free Report) reported $206.12 million in revenue for the quarter ended September 2026, representing a year-over-year increase of 18.8%. EPS of $0.02 for the same period compares to -$0.49 a year ago.

The reported revenue represents a surprise of +5.04% over the Zacks Consensus Estimate of $196.23 million. With the consensus EPS estimate being $0.01, the EPS surprise was +100%.

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.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

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:
  • AOV (Average Order Value): $629.00 versus $663.50 estimated by two analysts on average.
  • Number of Orders: 1,020 compared to the 932 average estimate based on two analysts.
  • GMV (Gross Merchandise Value): $641.5 million versus the two-analyst average estimate of $617.5 million.
  • Revenue- Direct revenue: $27.38 million compared to the $25.97 million average estimate based on three analysts. The reported number represents a change of +19.4% year over year.
  • Revenue- Shipping services revenue: $19.59 million versus the two-analyst average estimate of $17.55 million. The reported number represents a year-over-year change of +20.8%.
  • Revenue- Consignment revenue: $159.15 million compared to the $151.75 million average estimate based on two analysts. The reported number represents a change of +18.4% year over year.

View all Key Company Metrics for The RealReal here>>>

Shares of The RealReal have returned +25.1% over the past month versus the Zacks S&P 500 composite's +0.9% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

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