RealReal Inc reports results for the quarter ended June 30 - Earnings Summary

• RealReal Inc REAL.OQ reported a quarterly adjusted loss of 6 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -13 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 -10 cents to -7 cents per share.

• Revenue rose 14% to $165.19 million from a year ago; analysts expected $159.69 million.

• RealReal Inc's reported EPS for the quarter was a loss of 10 cents​.

• The company reported a quarterly loss of $11.37 million.

• RealReal Inc shares had risen by 20.0% this quarter and lost 47.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 2% 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 4 "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 $8.50, about 35.2% above its last closing price of $5.51

This summary was machine generated from LSEG data August 8 at 03:37 a.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)