Rev Group Inc is a manufacturer of specialty vehicles focusing on diverse markets, including emergency services, recreational vehicles, and commercial products
The company designs and produces a wide range of vehicles, such as ambulances, fire trucks, and buses, catering to the needs of both public safety agencies and consumers. Rev Group combines innovative engineering with craftsmanship to deliver high-quality, reliable vehicles that meet the unique demands of their customers. Through its various brands, the company aims to enhance safety, efficiency, and performance in the vehicles it produces while contributing to the community and industry excellence.
Even if they go mostly unnoticed, industrial businesses are the backbone of our country. But they are at the whim of volatile macroeconomic factors that influence capital spending (like interest rates), and the market seems convinced that demand will slow.
Due to this bearish outlook, the industry has tumbled by 7.6% over the past six months. This drop was worse than the S&P 500’s 1.8% loss.
REV GROUP INC has a stellar value proposition. NYSE:REVG not only scores well in profitability, solvency, and liquidity but also maintains a very reasonable price point.
Wrapping up Q4 earnings, we look at the numbers and key takeaways for the heavy transportation equipment stocks, including Wabash (NYSE:WNC) and its peers.
Looking back on heavy transportation equipment stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including Trinity (NYSE:TRN) and its peers.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at heavy transportation equipment stocks, starting with Oshkosh (NYSE:OSK).
As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the heavy transportation equipment industry, including Cummins (NYSE:CMI) and its peers.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Shyft (NASDAQ:SHYF) and the rest of the heavy transportation equipment stocks fared in Q4.
Lynch preferred companies with low P/E ratios relative to growth, manageable debt, and strong profitability. In this analysis, we see if REV GROUP INC (NYSE:REVG) fits his winning formula.
Speciality vehicle provider REV (NYSE:REVG) announced better-than-expected revenue in Q4 CY2024, but sales fell by 10.4% year on year to $525.1 million. Its non-GAAP profit of $0.40 per share was 50.9% above analysts’ consensus estimates.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at heavy transportation equipment stocks, starting with REV Group (NYSE:REVG).
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at heavy transportation equipment stocks, starting with Trinity (NYSE:TRN).
Shares of speciality vehicle provider REV (NYSE:REVG)
jumped 16.8% in the morning session after the company reported third-quarter results, which blew past analysts' EBITDA and EPS estimates. On the other hand, its revenue in the quarter and full-year revenue guidance both missed. Overall, this quarter was mixed. The market seems to be more focused on the positives.
Speciality vehicle provider REV (NYSE:REVG) missed Wall Street’s revenue expectations in Q3 CY2024, with sales falling 13.8% year on year to $597.9 million. The company’s full-year revenue guidance of $2.35 billion at the midpoint came in 4.3% below analysts’ estimates. Its non-GAAP profit of $0.51 per share was 4.1% above analysts’ consensus estimates.
REV Group has had an impressive run over the past six months as its shares have beaten the S&P 500 by 6.3%. The stock now trades at $30.85, marking a 20.5% gain. This was partly due to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
