REV Group, Inc. (REVG) Tops Q1 EPS by 10c, provides guidance

REV Group, Inc. (NYSE: REVG) reported Q1 EPS of $0.25, $0.10 better than the analyst estimate of $0.15. Revenue for the quarter came in at $586 million versus the consensus estimate of $579.42 million.

GUIDANCE:

REV Group, Inc. sees FY2024 revenue of $2.45-2.55 billion, versus the consensus of $2.606 billion.

Adjusted EBITDA of $145.0 to $165.0 million, and Adjusted Net Income of $72.0 to $90.0 million;
Net cash from operating activities of $16.0 to $36.0 million, which includes approximately $71.0 million of income tax and transaction costs related to divestiture activities, and Adjusted Free Cash Flow1 of $57.0 to $72.0 million.

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

You May Also Be Interested In

• Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
• Ridgepost Capital acquires Stellus Capital Management for $4B AUM
• Robinhood prices $2B convertible notes offering due 2029