REV Stock Jumps On Return To Profit In Q2 Beating Street; Ups Guidance; Sets Share Buyback

Logo NasdaqNasdaq
2023-06-08 13:14:11  • 2 mins

(RTTNews) - Specialty vehicles manufacturer REV Group, Inc (REVG), Thursday reported earnings for the second quarter compared to a loss for the same period last year, on higher revenues including price realization across all divisions. Earnings also surpassed the Street view. The company also raised its earnings and revenue outlook for the full year.

The company also said it has been authorized to buy back up to $175 million of shares, replacing the earlier authorization of $150 million.

In pre-market activity, shares of REV Group were trading at $13.49, up 14.71% or $1.73 on the New York Stock Exchange.

Quarterly earnings were $14.2 million or $0.24 per share compared with a loss of $2.3 million or $0.04 per share last year.

Continue read on

(RTTNews) - CRH Plc (CRH, CRH.L), an Irish building materials maker, said on Monday that it will start a share repurchase drive to buy back up to $1 billion...
Logo NasdaqNasdaq
2023-09-25 06:46:33  • 1 min
After struggling last year due to macroeconomic challenges, growth stocks have generally enjoyed much stronger performance in 2023. At the same time, there...
Logo NasdaqNasdaq
2023-09-25 12:30:00  • 1 min
In trading on Monday, shares of Hartford Financial Services Group Inc. (Symbol: HIG) crossed below their 200 day moving average of $72.62, changing hands as...
Logo NasdaqNasdaq
2023-09-25 15:14:40  • 1 min
In trading on Monday, shares of Ross Stores Inc (Symbol: ROST) crossed below their 200 day moving average of $111.16, changing hands as low as $109.67 per...
Logo NasdaqNasdaq
2023-09-25 15:28:16  • 1 min
Consumer stocks were mixed Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) dropping 0.5% and the Consumer Discretionary Select...
Logo NasdaqNasdaq
2023-09-25 17:44:03  • 1 min
Risk is a big part of investing. An investment's return compensates investors for taking on the risk of a possible loss. Typically, the higher an...
Logo NasdaqNasdaq
2023-09-25 15:15:00  • 1 min
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today: The Marcus Corporation MCS : This hospitality and entertainment company, has seen...
Logo NasdaqNasdaq
2023-09-25 11:32:00  • 1 min
What happened Shares of rising Chinese electric-car company Li Auto (NASDAQ: LI) cratered 9.8% through 9:45 a.m. ET on Monday as competition heated up in...
Logo NasdaqNasdaq
2023-09-25 15:14:00  • 1 min
Financial stocks were declining premarket Monday with the Financial Select Sector SPDR Fund ( XLF ) recently slipping by 0.3%. The Direxion Daily Financial...
Logo NasdaqNasdaq
2023-09-25 13:23:21  • 1 min
I really hate to say this, but Planet Labs (NYSE: PL) stock is turning into a real disappointment -- and with Planet Labs stock still down 9% after its...
Logo NasdaqNasdaq
2023-09-25 12:08:00  • 2 mins
For years, Dollar General (NYSE: DG) has dominated rural retail in the U.S. With discount stores spread around thousands of small towns, the company has...
Logo NasdaqNasdaq
2023-09-24 12:20:00  • 1 min
For the quarter ended July 2023, REV Group (REVG) reported revenue of $680 million, up 14.3% over the same period last year. EPS came in at $0.35, compared...
Logo NasdaqNasdaq
2023-09-13 13:30:03  • 2 mins
Energy stocks were slipping premarket Monday with the Energy Select Sector SPDR Fund ( XLE ) declining by 0.1%. The United States Oil Fund ( USO ) was flat...
Logo NasdaqNasdaq
2023-09-25 13:28:26  • 1 min
The stock market has had plenty of great trading days in 2023, but the volatility of the 2022 stock market has persisted. Even as promising economic data...
Logo NasdaqNasdaq
2023-09-25 16:22:41  • 2 mins
In this article FL URBN Follow your favorite stocksCREATE FREE ACCOUNT Striking members of the Writers Guild of America picket with striking members of...
2023-09-25 12:19:04  • 1 min
With its shares down roughly 82% over the last five years, Virgin Galactic (NYSE: SPCE) has disappointed its early investors. The ambitious space tourism...
Logo NasdaqNasdaq
2023-09-25 11:15:00  • 1 min
What you need to know TheS&P 500 Index ( $SPX ) ( SPY ) on Monday closed up +0.40%,theDow Jones Industrials Index ( $DOWI )( DIA ) closed up +0.13%, and...
Logo NasdaqNasdaq
2023-09-25 20:43:31  • 1 min
Fintel reports that on September 25, 2023, Truist Securities reiterated coverage of Plymouth Industrial Reit ( NYSE:PLYM ) with a Buy recommendation. Analyst...
Logo NasdaqNasdaq
2023-09-25 13:19:37  • 1 min
For Immediate Release Chicago, IL September 25, 2023 announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research...
Logo NasdaqNasdaq
2023-09-25 13:07:00  • 1 min
Here are two stocks with buy rank and strong income characteristics for investors to consider today, September 25: Dana Incorporated DAN : Thispower and...
Logo NasdaqNasdaq
2023-09-25 11:38:00  • 1 min