By Nicholas G. Miller
Shares of Rev Group rose after the company posted fiscal third-quarter earnings above analysts' expectations and raised the lower end of its full-year sales guidance.
The stock was up 8.1% to $56 in premarket trading after closing Tuesday up 63% so far this year.
The specialty- and recreational-vehicle manufacturer on Wednesday posted net income of $29.1 million, or 59 cents a share for the quarter ended July 31, up from $18 million, or 35 cents a share, the year prior.
Adjusted earnings were 79 cents a share, above the 63 cents analysts had expected, according to FactSet.
The Brookfield, Wis., company posted $644.9 million in sales, up from $579.4 million the year before.
Rev Group raised the lower end of its full-year sales guidance to $2.4 billion, up from the prior $2.35 billion. It maintained the upper end at $2.45 billion. Analysts see full-year sales of $2.41 billion.
Write to Nicholas G. Miller at nicholas.miller@wsj.com.
(END) Dow Jones Newswires
September 03, 2025 08:28 ET (12:28 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.