* RealReal Inc reported a quarterly adjusted loss of 12 cents per share for the quarter ended in March, higher than the same quarter last year, when the company reported EPS of -36 cents. The mean expectation of eight analysts for the quarter was for a loss of 16 cents per share. Wall Street expected results to range from -23 cents to -14 cents per share.
* Revenue rose 1.3% to $143.80 million from a year ago; analysts expected $140.05 million.
* RealReal Inc's reported EPS for the quarter was a loss of 30 cents.
* The company reported a quarterly loss of $31.1 million.
* RealReal Inc shares had fallen by 3.3% this quarter and gained 88.1% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 22.7% in the last three months.
* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 5 "hold" and no "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 RealReal Inc is $3.45 This summary was machine generated from LSEG data May 8 at 11:46 a.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
Mar. 31 2024 -0.16 -0.12 Beat
Dec. 31 2023 -0.11 -0.07 Beat
Sep. 30 2023 -0.26 -0.15 Beat
Jun. 30 2023 -0.35 -0.30 Beat
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