REV Group (REVG) came out with quarterly earnings of $0.48 per share, beating the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.35 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 9.09%. A quarter ago, it was expected that this company would post earnings of $0.28 per share when it actually produced earnings of $0.39, delivering a surprise of 39.29%. Over the last four quarters, the company has s ...

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Below are dividend history charts for MDLZ, REVG, and KDP, showing historical dividends prior to the most recent ones declared. REV Group: tickertech Free Report: Top 8%+ Dividends (paid monthly) Mondelez International: MDLZ tickertech REVG On 6/28/24, Mondelez International, REV Group, and Keurig Dr Pepper will all trade ex-dividend for their respective upcoming dividends. Mondelez International will pay its quarterly dividend of $0.425 on 7/12/24, REV Group will pay its quarterly dividend of $0.05 on 7/12 ...

▼ REV Group 52-Week Range $10.83 P/E Ratio 6.86 The primary hurdle is the analyst. MarketBeat.com tracks only six analysts, and their sentiment is lukewarm and sketchy. Only one revision has been issued this year, and it is a reiterated Sell with a boosted price target assuming substantial downside. Other recent revisions include an upgrade to Buy and a boosted price target, which is well below the current action. The consensus rating is a Hold, but the target of $17.60 suggests a high-double-digit upside. ...

FISCAL SECOND QUARTER 2024 RESULTS JUNE 5, 2024 Note Regarding Non-GAAP Measures Cautionary Statement About Forward-Looking Statements CAUTIONARY STATEMENT & NON-GAAP MEASURES Appointed Amy Campbell as Chief Financial Officer $308.5 million return of cash to shareholders SECOND QUARTER FISCAL 2024 CONSOLIDATED RESULTS Adjusted EBITDA1,2 ($m) ➢ Prior year included $46.9M of net sales and $10.2M of Adjusted EBITDA attributable to Collins Bus ➢ Adjusted EBITDA increased $5.8M, or 18.3% ➢ Increased shipments of ...

Financial Data and Key Metrics Changes - Consolidated net sales of $617 million decreased by $64 million compared to the second quarter last year, with an adjusted EBITDA of $37.5 million, down $4.4 million year-over-year [92][21] - Adjusted net income is expected to be in the range of $76 million to $90 million, and net income is projected between $230 million and $245 million [33] - Consolidated adjusted EBITDA margin improved by 320 basis points sequentially and 480 basis points year-over-year in the legacy fire and emergency business [66] Business Line Data and Key Metrics Changes - Fire and emergency sales increased by 33%, with unit shipments up 18%, driven by price realization and favorable product mix [49] - Recreational vehicle segment sales of $179.7 million decreased by 30% year-over-year, primarily due to fewer unit shipments and increased discounting [30] - Terminal truck sales were down 59% year-over-year, consistent with previous guidance [57] Market Data and Key Metrics Changes - Segment backlog increased to $4.3 billion, reflecting strong orders for fire and ambulance units, with a book-to-bill ratio of 1.1x [89][74] - The recreational vehicle segment backlog decreased by 45% year-over-year to $275 million, attributed to lower order intake and cancellations [43] - Industry demand for motorized RVs remains depressed, with new wholesale unit shipments down 22% year-over-year [90] Company Strategy and Development Direction - The company is focused on operational excellence, increasing production, and optimizing manufacturing footprint to meet demand [56][88] - The strategic exit from the direct fire and ambulance sales and customer service operation in Florida supports the simplification of the operational footprint [19] - The company anticipates continued earnings momentum in fire and emergency businesses, partially offset by softness in terminal trucks [23] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in delivering on existing Class B and C backlogs while managing costs across all product categories [19] - The company is addressing the challenges in the recreational vehicle segment, with expectations of improved margins in the second half of the year [31] - Management noted that the market for Class A and towables remains weak, and further cost actions may be necessary if demand does not improve [69] Other Important Information - The company returned a total of $308.5 million to shareholders through share repurchases and dividends [91] - The sale of Collins Bus provided cash proceeds of $308 million, which were largely returned to shareholders [100] - The company maintained ample liquidity with approximately $280 million available under its revolving credit facility [45] Q&A Session Summary Question: How much was pricing up in the quarter for fire and emergency? - Management indicated that total fire and emergency sales were up 33%, with the increase attributed to both price and favorable mix [49] Question: What are the margin potentials for recreation in 2025? - Management refrained from providing specific guidance for 2025, citing the need to assess market conditions in the back half of the year [53] Question: How successful has the company been with delivering the Spartan S-180 product in 180 days? - Management confirmed that they have met the 180-day delivery timeline through dedicated production lines [54] Question: What is the current state of supply chain issues? - Management stated that they have overcome major supply chain issues and are seeing the best run rate since the pandemic [55] Question: What actions are being taken to manage the cost structure? - Management has proactively reduced both direct and indirect costs in response to declining backlogs [71]

REV Group (REVG) reported $616.9 million in revenue for the quarter ended April 2024, representing a yearover-year decline of 9.4%. EPS of $0.39 for the same period compares to $0.35 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $603.17 million, representing a surprise of +2.28%. The company delivered an EPS surprise of +39.29%, with the consensus EPS estimate being $0.28. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Str ...

REV Group, which belongs to the Zacks Transportation - Services industry, posted revenues of $616.9 million for the quarter ended April 2024, surpassing the Zacks Consensus Estimate by 2.28%. This compares to year- ago revenues of $681.2 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commenta ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-37999 REV Group, Inc. (Exact Name of Registrant as Specified in its Charter) Delaware 26-3013415 (State or other jurisdiction of incorporation or organization) (I. ...