REV Group Fiscal Q4 Adjusted Earnings, Revenue Fall; Provides Fiscal 2025 Outlook

MT Newswires Live
2024-12-11

REV Group (REVG) reported fiscal Q4 adjusted earnings Wednesday of $0.51 per diluted share, down from $0.53 a year earlier.

Four analysts polled by FactSet expected $0.49.

Net sales for the quarter ended Oct. 31 were $597.9 million, down from $693.3 million a year earlier.

Four analysts surveyed by FactSet expected $603 million.

The company said it expects fiscal year 2025 adjusted net income of between $116 million and $140 million. Four analysts polled by FactSet expect $104 million. The company expects net sales for the fiscal year of between $2.30 billion and $2.40 billion. Four analysts surveyed by FactSet expect $2.46 billion.

REV Group increased quarterly dividend by 20% to $0.06 per share, payable Jan. 10 to shareholders as of Dec. 26.

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