REV Group Inc (REVG) Reports Strong Q1 Results and Updates Fiscal 2024 Outlook [Yahoo! Finance]
REV Group, Inc. (REVG)
Last rev group, inc. earnings: 3/4 04:30 pm
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US:NYSE Investor Relations:
investors.revgroup.com
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Source: Yahoo! Finance
Adjusted EBITDA : Improved to $30.5 million in Q1 2024, up from $21.3 million in Q1 2023. Adjusted Net Income : More than doubled to $14.7 million in Q1 2024 from $6.9 million in Q1 2023. Divestiture Activities : Sale of Collins Bus and discontinuation of ENC manufacturing operations. Capital Allocation : Reduction of ABL facility borrowings and a special cash dividend following Collins sale. Guidance for Fiscal 2024 : Net sales projected between $2.45 to $2.55 billion, with net income expected to be between $224.0 to $245.0 million. Warning! GuruFocus has detected 6 Warning Signs with AGTI. On March 6, 2024, REV Group Inc ( NYSE:REVG ), a leader in the design, manufacture, and distribution of specialty vehicles, released its 8-K filing , showcasing a robust start to the fiscal year with a significant turnaround in net income and solid performance across key financial metrics. The company, known for its customized vehicle solutions across various segments, including Fire
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REVG
News
- REV Group, Inc. (NYSE: REVG) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
- Vicinity Motors promotes Brent Phillips to President as company drives strategic initiatives [Yahoo! Finance]Yahoo! Finance
- REV Group, Inc. (NYSE: REVG) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
- REV Group, Inc. (NYSE: REVG) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $18.00 to $20.00. They now have a "sell" rating on the stock.MarketBeat
- REV Group appoints Amy Campbell as CFO [Seeking Alpha]Seeking Alpha
REVG
Earnings
- 3/6/24 - Beat
REVG
Sec Filings
- 4/15/24 - Form 4
- 4/15/24 - Form 3
- 4/15/24 - Form 8-K
- REVG's page on the SEC website