REV Group (REVG) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
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Summary:
The market expects REV Group (REVG) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended April 2021. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on June 7. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insig ...
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