RealReal (REAL) Scheduled to Post Quarterly Earnings on Monday

RealReal (NASDAQ:REAL - Get Free Report) will be releasing its earnings data after the market closes on Monday, November 4th. Analysts expect RealReal to post earnings of ($0.21) per share for the quarter. RealReal has set its FY 2024 guidance at EPS and its Q3 2024 guidance at EPS.Persons interested in listening to the company's earnings conference call can do so using this link.

RealReal (NASDAQ:REAL - Get Free Report) last posted its earnings results on Tuesday, August 6th. The company reported ($0.22) EPS for the quarter, beating the consensus estimate of ($0.24) by $0.02. The firm had revenue of $144.93 million during the quarter, compared to analyst estimates of $139.85 million. On average, analysts expect RealReal to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

RealReal Stock Up 1.7 %

Shares of RealReal stock traded up $0.05 on Monday, hitting $2.98. The stock had a trading volume of 4,295,541 shares, compared to its average volume of 2,584,661. RealReal has a twelve month low of $1.26 and a twelve month high of $4.64. The business's 50 day moving average is $2.91 and its two-hundred day moving average is $3.30. The stock has a market cap of $323.33 million, a price-to-earnings ratio of -2.94 and a beta of 2.79.

Insider Activity

In other news, insider Luke Thomas Friang sold 16,239 shares of the stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of $2.61, for a total value of $42,383.79. Following the completion of the transaction, the insider now directly owns 517,598 shares in the company, valued at approximately $1,350,930.78. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, Director Karen Katz sold 33,000 shares of the firm's stock in a transaction on Wednesday, August 28th. The stock was sold at an average price of $2.62, for a total transaction of $86,460.00. Following the completion of the transaction, the director now directly owns 201,301 shares of the company's stock, valued at $527,408.62. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Luke Thomas Friang sold 16,239 shares of the firm's stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of $2.61, for a total value of $42,383.79. Following the transaction, the insider now directly owns 517,598 shares of the company's stock, valued at approximately $1,350,930.78. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 116,337 shares of company stock worth $303,970. Insiders own 9.78% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on REAL. Northland Securities began coverage on RealReal in a research report on Monday, September 16th. They issued an "outperform" rating and a $6.00 target price on the stock. Robert W. Baird reduced their price target on RealReal from $4.00 to $3.50 and set a "neutral" rating on the stock in a research report on Wednesday, August 7th. Northland Capmk raised RealReal to a "strong-buy" rating in a report on Monday, September 16th. Finally, Wedbush reduced their target price on RealReal from $4.50 to $4.00 and set an "outperform" rating on the stock in a report on Wednesday, August 7th. Four equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $4.24.

About RealReal

The RealReal, Inc operates an online marketplace for resale luxury goods in the United State. The company offers various product categories, including women's fashion, men's fashion, jewelry, and watches. It primarily sells products through online marketplace and retail stores. The company was incorporated in 2011 and is headquartered in San Francisco, California.