Rent the Runway, Inc. Announces Third Quarter 2022 Results & Raises Guidance

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Rent the Runway (RENT) Tops Q3 EPS by 15c, Revenues Miss; Guides Revenues Slightly Above the Street

December 7, 2022 4:03 PM EST

Rent the Runway (NASDAQ: RENT) reported Q3 EPS of ($0.56), $0.15 better than the analyst estimate of ($0.71). Revenue for the quarter came in at $77.4 million versus the consensus estimate of $73.3 million.

GUIDANCE:

Rent the Runway sees Q4 2023 revenue of $72-74 million,... More