Revolve Group (RVLV) to Release Quarterly Earnings on Tuesday

Revolve Group (NYSE:RVLV - Get Free Report) will be issuing its quarterly earnings data after the market closes on Tuesday, May 7th. Analysts expect the company to announce earnings of $0.08 per share for the quarter. Individual that are interested in participating in the company's earnings conference call can do so using this link.

Revolve Group (NYSE:RVLV - Get Free Report) last posted its earnings results on Tuesday, February 27th. The company reported $0.05 earnings per share for the quarter, beating analysts' consensus estimates of $0.02 by $0.03. The company had revenue of $257.78 million for the quarter, compared to the consensus estimate of $246.20 million. Revolve Group had a return on equity of 7.11% and a net margin of 2.63%. Revolve Group's revenue was down .5% on a year-over-year basis. During the same quarter in the prior year, the company earned $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 Stock Down 1.6 %

Shares of Revolve Group stock traded down $0.33 during trading hours on Tuesday, reaching $19.91. 899,854 shares of the stock traded hands, compared to its average volume of 1,081,851. Revolve Group has a one year low of $12.25 and a one year high of $23.19. The firm has a market capitalization of $1.41 billion, a price-to-earnings ratio of 52.21, a P/E/G ratio of 1.39 and a beta of 2.17. The company has a 50 day moving average price of $19.88 and a 200 day moving average price of $16.79.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on RVLV. Wedbush boosted their target price on shares of Revolve Group from $12.00 to $17.00 and gave the company a "neutral" rating in a research report on Wednesday, February 28th. Piper Sandler upped their price objective on Revolve Group from $21.00 to $22.50 and gave the stock an "overweight" rating in a research note on Wednesday, February 28th. The Goldman Sachs Group began coverage on Revolve Group in a research report on Wednesday, January 10th. They set a "sell" rating and a $12.00 target price on the stock. Jefferies Financial Group reissued a "hold" rating and set a $17.00 price target on shares of Revolve Group in a report on Thursday, January 4th. Finally, UBS Group raised 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. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $19.09.

About Revolve Group

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.