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Revolve Group, Inc. reports results for the quarter ended September 30 - Earnings Summary
Revolve Group reported adjusted earnings of 20 cents per share for the quarter ended September 30, down from 29 cents a year earlier and below analysts' 22-cent average expectation. Revenue increased 20.4% to $355.96 million, above analysts' $344.91 million forecast; quarterly net income was $14.47 million.
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What happened
Revolve Group reported adjusted earnings of 20 cents per share for the quarter ended September 30, down from 29 cents a year earlier and below analysts’ 22-cent average expectation. Revenue increased 20.4% to $355.96 million, above analysts’ $344.91 million forecast; quarterly net income was $14.47 million.
Confirmed
Global impact / market context
The results show revenue growth did not translate into higher adjusted earnings per share, which measures profit allocated to each share. If that gap persists, it could limit investors’ confidence that sales growth is improving profitability, even as revenue exceeded analysts’ expectations.
Analyst inference
The article says analysts’ average earnings estimate had declined about 4.6% over three months, while one analyst cut an estimate in the last 30 days. Shares were up 3.1% this quarter but down 27.1% year to date, indicating mixed recent performance.
Confirmed
What to watch
- Future quarterly results can show whether revenue growth continues and whether adjusted earnings per share recover from 20 cents, helping clarify if sales growth improves profit. Analyst inference
- Analyst estimate changes are worth watching because the reported 20 cents per share was below the 22-cent average forecast, despite revenue beating expectations. Analyst inference
- The article reports a $30 median 12-month analyst price target and a $21.53 last closing price; these are expectations, not guaranteed future trading prices. Confirmed
Evidence
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