RealReal Inc reports results for the quarter ended March 31 - Earnings Summary

• RealReal Inc REAL.OQ reported a quarterly adjusted loss of 8 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -12 cents. The mean expectation of seven analysts for the quarter was for a loss of 8 cents per share. Wall Street expected results to range from -11 cents to -7 cents per share.

• Revenue rose 11.3% to $160.03 million from a year ago; analysts expected $159.81 million.

• RealReal Inc shares had risen by 30.8% this quarter and lost 35.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 3% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the department stores peer group is also "buy"

• Wall Street's median 12-month price target for RealReal Inc is $9.00

This summary was machine generated from LSEG data May 8 at 11:20 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)