REV Group's Q2 Financials: A Promising Outlook

REV Group, a leading manufacturer of vehicles like ambulances and fire trucks, is set to release its latest financial results this Wednesday. Last quarter, the company exceeded expectations with a 11% increase in revenue, reaching $644.9 million. Analysts predict a 6.3% growth in revenue for this quarter, totaling approximately $635.6 million. REV Group is also expected to earn $0.78 per share. Despite some mixed results from competitors, investors remain optimistic, with REV Groups stock price rising by over 7% in the last month. Analysts have set an average price target of $60.20, indicating potential for growth.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.