The market expects REV Group, Inc. (REVG) to ship a year-over-year decline in earnings on decrease
The market expects REV Group, Inc. (REVG) to ship a year-over-year decline in earnings on decrease revenues when it stories outcomes for the quarter ended October 2019. This widely-known consensus outlook is essential in assessing the corporate’s earnings image, however a strong issue that may affect its near-term inventory worth is how the precise outcomes examine to those estimates.
The inventory may transfer greater if these key numbers prime expectations within the upcoming earnings report, which is anticipated to be launched on December 18. However, in the event that they miss, the inventory might transfer decrease.
Whereas the sustainability of the rapid worth change and future earnings expectations will largely rely on administration’s dialogue of enterprise circumstances on the earnings call, it is price handicapping the chance of a optimistic EPS shock.
Zacks Consensus Estimate
This firm is anticipated to put up quarterly earnings of $0.13 per share in its upcoming report, which represents a year-over-year change of -53.6%.
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