Revolve Group (RVLV) Scheduled to Post Earnings on Tuesday

Revolve Group (NYSE:RVLV) is scheduled to post its quarterly earnings results after the market closes on Tuesday, May 7th. Analysts expect the company to announce earnings of $0.08 per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Revolve Group (NYSE:RVLV) last released its quarterly earnings results on Tuesday, February 27th. The company reported $0.05 earnings per share for the quarter, topping the consensus estimate of $0.02 by $0.03. The company had revenue of $257.78 million for the quarter, compared to analysts’ expectations of $246.20 million. Revolve Group had a return on equity of 7.11% and a net margin of 2.63%. The business’s quarterly revenue was down .5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.11 earnings per share. On average, analysts expect Revolve Group to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Revolve Group Price Performance

Shares of NYSE RVLV opened at $19.67 on Monday. The company has a 50 day simple moving average of $20.15 and a 200 day simple moving average of $16.91. Revolve Group has a 1 year low of $12.25 and a 1 year high of $23.19. The firm has a market cap of $1.39 billion, a PE ratio of 51.76, a price-to-earnings-growth ratio of 1.38 and a beta of 2.15.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. TD Cowen upgraded shares of Revolve Group from a “market perform” rating to an “outperform” rating and lifted their price target for the stock from $23.00 to $25.00 in a report on Thursday, March 21st. Stifel Nicolaus upped their price target on Revolve Group from $20.00 to $24.00 and gave the company a “buy” rating in a research report on Friday, April 26th. Needham & Company LLC increased their price target on Revolve Group from $16.00 to $23.00 and gave the company a “buy” rating in a research note on Wednesday, February 28th. UBS Group lifted their price objective on Revolve Group from $16.00 to $20.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 10th. Finally, Evercore ISI increased their target price on shares of Revolve Group from $15.00 to $17.00 and gave the company an “in-line” rating in a research report on Wednesday, February 28th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, Revolve Group presently has an average rating of “Hold” and an average price target of $19.09.

Revolve Group Company Profile

Revolve Group, Inc operates as an online fashion retailer for millennial and generation z consumers in the United States and internationally. The company operates in two segments, REVOLVE and FWRD. It operates a platform that connects consumers and global fashion influencers, as well as emerging, established, and owned brands.