REV Group (REVG) reported fiscal Q1 adjusted net income Wednesday of $0.40 per diluted share, up from $0.25 a year earlier.
Four analysts polled by FactSet expected $0.27.
Net sales for the quarter ended Jan. 31 were $525.1 million, down from $586 million a year earlier.
Three analysts surveyed by FactSet expected $492.8 million.
The company reaffirmed its fiscal 2025 guidance of between $116 million and $140 million in adjusted net income on net sales of $2.30 billion and $2.40 billion. Four analysts polled by FactSet expect sales of $2.35 billion.
REV Group maintained a regular quarterly cash dividend of $0.06 per share, payable on April 11 to shareholders of record as of March 28.
REV's shares were rising more than 7% in recent premarket activity Wednesday.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.