Revolve Group Inc RVLV.N reported quarterly adjusted earnings of 17 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 5 cents. The mean expectation of sixteen analysts for the quarter was for earnings of 10 cents per share. Wall Street expected results to range from 6 cents to 14 cents per share.
Revenue rose 13.9% to $293.73 million from a year ago; analysts expected $283.49 million.
Revolve Group Inc's reported EPS for the quarter was 17 cents.
The company reported quarterly net income of $12.34 million.
Revolve Group Inc shares had fallen by 11.2% this quarter.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 2.6% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 6 "hold" and 1 "sell" or "strong sell."
The average consensus recommendation for the department stores peer group is also "buy"
Wall Street's median 12-month price target for Revolve Group Inc is $35.00
This summary was machine generated from LSEG data February 25 at 10:01 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Dec. 31 2024 | 0.10 | 0.17 | Beat |
Sep. 30 2024 | 0.10 | 0.15 | Beat |
Jun. 30 2024 | 0.13 | 0.21 | Beat |
Mar. 31 2024 | 0.08 | 0.15 | Beat |
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