REV Group Fiscal Q4 Adjusted Earnings, Revenue Fall; Provides Fiscal 2025 Outlook

MT Newswires Live

Dec 11, 2024

REV Group (REVG) reported fiscal Q4 adjusted earnings Wednesday of $0.51 per diluted share, down from $0.53 a year earlier.

Four analysts polled by FactSet expected $0.49.

Net sales for the quarter ended Oct. 31 were $597.9 million, down from $693.3 million a year earlier.

Four analysts surveyed by FactSet expected $603 million.

The company said it expects fiscal year 2025 adjusted net income of between $116 million and $140 million. Four analysts polled by FactSet expect $104 million. The company expects net sales for the fiscal year of between $2.30 billion and $2.40 billion. Four analysts surveyed by FactSet expect $2.46 billion.

REV Group increased quarterly dividend by 20% to $0.06 per share, payable Jan. 10 to shareholders as of Dec. 26.

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Four analysts polled by FactSet expect $104 million. The company expects net sales for the fiscal year of between $2.30 billion and $2.40 billion. Four analysts surveyed by FactSet expect $2.46 billion.</p><p>REV Group increased quarterly dividend by 20% to $0.06 per share, payable Jan. 10 to shareholders as of Dec. 26.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"REVG","symbol_name":"Rev Group Inc.","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2490859638","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2490859638","pubTimestamp":1733921098,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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