Earnings Preview : Q3 2024 Is Gearing Up To Be A Decisive Quarter For The RealReal ($REAL)

The RealReal (NASDAQ: REAL) has announced that it will be releasing its financial results for the third quarter of 2024 on Monday 4th November 2024. The report will be made available after market close, allowing investors and analysts to evaluate the company's performance during this period.

It is anticipated by financial experts on Wall Street that the concern is set to announce an estimated $0.09 loss per share for the quarter. Additionally, the firm is expected to disclose a total revenue of $142.02 million for this period.

During the equivalent quarter of the preceding year, the company's financial report highlighted a per-share loss of $0.15. This significant amount was the outcome of the company's total revenue, which reached an impressive $133.17 million during that particular timeframe.

Analysts have provided their projections for the company's full-year performance, revealing that they expect the company to generate a total revenue of $587.03 million. At the same time, the earnings per share for the company are also anticipated to reach loss of $0.35 during the fiscal year.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $-0.13 +56.7% 144.93 M +10.8%
Q1 2024 $-0.12 +66.7% 143.80 M +1.3%
Q4 2023 $-0.07 +75.9% 143.37 M -10.2%
Q3 2023 $-0.15 +60.5% 133.17 M -6.7%
Q2 2023 $-0.30 +25.0% 130.86 M -15.3%
*Growth on year-over-year basis

 

REAL has scheduled a conference call on 4th November 2024 at 05:00 PM eastern time to discuss the third quarter financial results and other related information.

Friday's trading saw The RealReal (REAL) shares hit a low of $2.93 and a high of $3.13, with a day volume of 1.43 million shares. The stock closed the regular trading session at $2.99, showing 3.10 percent gain.

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