REV Group, Inc. Reports Fiscal 2019 First Quarter Results
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REV Group (REVG) PT Raised to $9 at Deutsche Bank
March 8, 2019 7:55 AM ESTDeutsche Bank analyst Chad Dillard raised the price target on REV Group (NYSE: REVG) to $9.00 (from $8.00) while maintaining a Hold rating.
... MoreREV Group, Inc. (REVG) Misses Q1 EPS by 7c, Revenues Beat; Offers FY19 Revenue Mid-Point Guidance Above Consensus
March 6, 2019 4:18 PM ESTREV Group, Inc. (NYSE: REVG) reported Q1 EPS of ($0.05), $0.07 worse than the analyst estimate of $0.02. Revenue for the quarter came in at $518.7 million versus the consensus estimate of $510.8 million.
First quarter net loss of $14.6 million and operating loss of $11.2 millionFirst quarter Adjusted EBITDA1 of $12.3 million and Adjusted Net Loss1 of $2.9 millionFirst quarter net cash used in operating activities was $39.4 million compared to $72.4 million in the prior year quarter, a 45.6 percent improvementTotal backlog increased to $1.4 billion as of January 31, 2019Announced a new $106 million... More