Revolve Group (RVLV) reported $270.58 million in income for the quarter ended March 2024, representing a year-over-year decline of three.2%. EPS of $0.15 for a similar interval compares to $0.19 a yr in the past.
The reported income compares to the Zacks Consensus Estimate of $271.84 million, representing a shock of -0.46%. The corporate delivered an EPS shock of +87.50%, with the consensus EPS estimate being $0.08.
Whereas buyers intently watch year-over-year modifications in headline numbers — income and earnings — and the way they evaluate to Wall Road expectations to find out their subsequent plan of action, some key metrics all the time present a greater perception into an organization’s underlying efficiency.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps buyers challenge a inventory’s value efficiency extra precisely.
Right here is how Revolve Group carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Road analysts:
- Whole orders positioned: 2,223 thousand in comparison with the two,254.6 thousand common estimate based mostly on two analysts.
- Common order worth: $299 in comparison with the $284.87 common estimate based mostly on two analysts.
- Energetic clients: 2,551 thousand versus the two-analyst common estimate of two,545.16 thousand.
- Geographic Web Gross sales- United States: $219.13 million versus $222.81 million estimated by three analysts on common. In comparison with the year-ago quarter, this quantity represents a -3.3% change.
- Geographic Web Gross sales- Remainder of the world: $51.45 million versus $49.09 million estimated by three analysts on common. In comparison with the year-ago quarter, this quantity represents a -2.7% change.
- Web Gross sales- FWRD: $40.99 million versus the three-analyst common estimate of $42.46 million. The reported quantity represents a year-over-year change of -14.5%.
- Web Gross sales- REVOLVE: $229.59 million versus the three-analyst common estimate of $229.44 million. The reported quantity represents a year-over-year change of -0.9%.
View all Key Company Metrics for Revolve Group here>>>
Shares of Revolve Group have returned +4% over the previous month versus the Zacks S&P 500 composite’s -0.4% change. The inventory presently has a Zacks Rank #2 (Purchase), indicating that it may outperform the broader market within the close to time period.
The place Will Shares Go…
If Biden Wins? If Trump Wins?
The solutions might shock you.
Since 1950, even after unfavourable midterm years, the market has by no means had a decrease presidential election yr. With voters energized and engaged, the market has been nearly unrelentingly bullish regardless of which celebration wins!
Now could be the time to obtain Zacks’ free Particular Report with 5 shares that provide excessive upside for each Democrats and Republicans…
1. Medical producer has gained +11,000% within the final 15 years.
2. Rental firm is totally crushing its sector.
3. Vitality powerhouse plans to develop its already massive dividend by 25%.
4. Aerospace and protection standout simply landed a doubtlessly $80 billion contract.
5. Large Chipmaker is constructing big vegetation within the U.S.
Hurry, Download Special Report FREE >>
Revolve Group, Inc. (RVLV) : Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the creator and don’t essentially replicate these of Nasdaq, Inc.
