Core Insights - The RealReal is set to report earnings, with analysts expecting a revenue growth of 15.8% year on year to $171.1 million, an improvement from the previous year's 11% increase [2] - The company has consistently exceeded revenue expectations, beating estimates by an average of 2.8% over the past two years [3] Financial Performance - Last quarter, The RealReal reported revenues of $165.2 million, which was a 14% year-on-year increase and beat analysts' expectations by 3.6% [1] - The company reported an impressive growth in user base, reaching 1 million users, up 163% year on year [1] Market Context - The RealReal's stock has performed well, increasing by 15.7% over the past month, while the average share price of online marketplace stocks has declined by 3.6% [5] - The average analyst price target for The RealReal is $12.63, compared to its current share price of $10.93 [5] Peer Comparison - In the online marketplace segment, peers like EverQuote and Shutterstock have reported varying results, with EverQuote showing a year-on-year revenue growth of 20.3% and Shutterstock reporting a 3.8% increase [4]
What To Expect From The RealReal’s (REAL) Q3 Earnings