REV Group (REVG) Q4 Earnings and Revenues Beat Estimates

Core Viewpoint - REV Group (REVG) reported quarterly earnings of $0.51 per share, exceeding the Zacks Consensus Estimate of $0.50 per share, but down from $0.53 per share a year ago, indicating a 2% earnings surprise [1] Financial Performance - The company posted revenues of $597.9 million for the quarter ended October 2024, surpassing the Zacks Consensus Estimate by 0.27%, but down from $693.3 million year-over-year [2] - Over the last four quarters, REV Group has exceeded consensus EPS estimates four times and topped consensus revenue estimates three times [2] Stock Performance - REV Group shares have increased approximately 62.9% since the beginning of the year, compared to the S&P 500's gain of 26.5% [3] Future Outlook - The company's earnings outlook will be crucial for determining the stock's immediate price movement, with current consensus EPS estimates at $0.39 for the coming quarter and $2.16 for the current fiscal year [4][7] - The estimate revisions trend for REV Group is currently mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Transportation - Services industry, to which REV Group belongs, is currently ranked in the top 32% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8]