Rent the Runway, Inc. (RENT) Reports Q2 Loss, Tops Revenue Estimates

Rent the Runway, Inc. (RENT) came out with a quarterly loss of $4.17 per share versus the Zacks Consensus Estimate of a loss of $5.86. This compares to loss of $8 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 28.84%. A quarter ago, it was expected that this company would post a loss of $6.56 per share when it actually produced a loss of $6.03, delivering a surprise of 8.08%. Over the last four quarters, the company has surpa ...