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REV Group, Inc. (REVG) Misses Q4 EPS by 8c, Revenue Beats, Offers FY Guidance

December 18, 2019 4:30 PM EST

REV Group, Inc. (NYSE: REVG) reported Q4 EPS of $0.05, $0.08 worse than the analyst estimate of $0.13. Revenue for the quarter came in at $652.9 million versus the consensus estimate of $631.22 million.

GUIDANCE:

REV Group, Inc. sees FY2020 revenue of $2.45-2.6 billion, versus the consensus of $2.41 billion.

  • Net income of $11 to $31 million
  • Adjusted EBITDA of $105 to $120 million
  • Adjusted Net Income of $32 to $50 million
  • Capital Expenditures of $20 to $25 million
  • Interest expense of $27 to $31 million
  • Effective tax rate of 26 percent to 28 percent
  • Net cash provided by operating activities of $50 to $70 million, plus $5 to $10 million of net cash from sale of other assets

For earnings history and earnings-related data on REV Group, Inc. (REVG) click here.



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