|Bid||0.00 x 900|
|Ask||30.48 x 3100|
|Day's range||27.52 - 32.09|
|52-week range||24.10 - 89.60|
|Beta (5Y monthly)||2.20|
|PE ratio (TTM)||25.29|
|Earnings date||01 Nov 2022 - 07 Nov 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||31.41|
Shares of Revolve Group (NYSE: RVLV) are falling today, down by 14.5% as of 11:34 a.m. ET following the company's second-quarter earnings release. Revolve reported an increase in revenue and higher gross margin, but business conditions worsened in July, causing a sharp deceleration in revenue growth. Investors have been on pins and needles, punishing any company that shows signs of weakness.
Revolve Group (RVLV) delivered earnings and revenue surprises of -26.67% and 1.55%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.