RealReal (REAL) to Release Earnings on Tuesday

RealReal (NASDAQ:REAL) is set to announce its earnings results after the market closes on Tuesday, May 7th. Analysts expect the company to announce earnings of ($0.14) per share for the quarter. RealReal has set its FY 2024 guidance at EPS and its Q1 2024 guidance at EPS.Investors interested in listening to the company’s conference call can do so using this link.

RealReal (NASDAQ:REAL) last announced its quarterly earnings data on Thursday, February 29th. The company reported ($0.15) earnings per share for the quarter, beating the consensus estimate of ($0.19) by $0.04. The firm had revenue of $143.37 million during the quarter, compared to analyst estimates of $142.80 million. On average, analysts expect RealReal to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

RealReal Stock Up 3.4 %

NASDAQ:REAL opened at $3.90 on Friday. The business’s 50-day moving average price is $3.35 and its 200 day moving average price is $2.44. RealReal has a 52-week low of $1.05 and a 52-week high of $4.10. The firm has a market cap of $413.20 million, a P/E ratio of -2.34 and a beta of 2.94.

Insider Buying and Selling at RealReal

In related news, Director James R. Miller sold 21,060 shares of the company’s stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $3.91, for a total transaction of $82,344.60. Following the transaction, the director now directly owns 160,492 shares of the company’s stock, valued at $627,523.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, Director Karen Katz bought 6,500 shares of the business’s stock in a transaction on Friday, March 8th. The stock was bought at an average price of $3.85 per share, for a total transaction of $25,025.00. Following the transaction, the director now directly owns 183,476 shares in the company, valued at $706,382.60. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director James R. Miller sold 21,060 shares of RealReal stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $3.91, for a total transaction of $82,344.60. Following the sale, the director now directly owns 160,492 shares of the company’s stock, valued at approximately $627,523.72. The disclosure for this sale can be found here. Company insiders own 9.34% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on REAL shares. Needham & Company LLC reaffirmed a “buy” rating and issued a $6.00 price objective on shares of RealReal in a research note on Friday, March 1st. UBS Group lifted their target price on RealReal from $2.30 to $3.70 and gave the stock a “neutral” rating in a report on Friday, April 12th. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $3.61.

RealReal Company Profile

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.