Shares of REV Group Inc. (NYSE:REVG) surged 5.21% in pre-market trading on Wednesday, following the release of the company's impressive fiscal 2025 third-quarter results. The specialty vehicle manufacturer not only beat analyst expectations but also raised its full-year guidance, signaling strong confidence in its business performance.
REV Group reported quarterly earnings of $0.79 per share, significantly outperforming the analyst consensus estimate of $0.63 by 24.8%. This represents a substantial 64.58% increase from the $0.48 per share earned in the same period last year. The company's quarterly sales reached $644.9 million, beating the analyst consensus estimate of $630.85 million by 2.23% and marking an 11.30% increase from the $579.4 million reported in the previous year.
Other key financial metrics for the quarter included an operating income of $57 million, gross profit of $101.7 million, and net income of $29.1 million. The company's strong performance was further emphasized by its operating expenses of $44.7 million, indicating efficient cost management. Looking ahead, REV Group updated its 2025 guidance, projecting net sales between $2,400 million and $2,450 million, reflecting the company's optimistic outlook for the remainder of the fiscal year.