REV Group Inc reports results for the quarter ended October 31 - Earnings Summary

• REV Group Inc REVG.N reported quarterly adjusted earnings of 51 cents​​ per share for the quarter ended October 31, lower than the same quarter last year, when the company reported EPS of 53 cents. The mean expectation of four analysts for the quarter was for earnings of 49 cents per share. Wall Street expected results to range from 46 cents to 54 cents per share.

• Revenue fell 13.8% to $597.90 million from a year ago; analysts expected $603.34 million.

• REV Group Inc's reported EPS for the quarter was 80 cents​.

• The company reported quarterly net income of $41.7 million.

• REV Group Inc shares had risen by 5.5% this quarter and gained 92.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged 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 2 "strong buy" or "buy," 1 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the heavy machinery & vehicles peer group is "hold."

Wall Street's median 12-month price target for REV Group Inc is $30.75

This summary was machine generated from LSEG data December 11 at 02:31 p.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)