RealReal: Q1 Earnings Insights

RealReal (NASDAQ:REAL) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:15 PM. Here’s what investors…

RealReal (NASDAQ:REAL) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:15 PM.

Here’s what investors need to know about the announcement.

Earnings

RealReal beat estimated earnings by 16.28%, reporting an EPS of $-0.36 versus an estimate of $-0.43.

Revenue was down $4.80 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.06 which was followed by a 10.37% increase in the share price the next day.

Here’s a look at RealReal’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.35 -0.41 -0.44 -0.51
EPS Actual -0.29 -0.38 -0.40 -0.47
Revenue Estimate 157.68M 149.20M 154.05M 136.82M
Revenue Actual 159.66M 142.70M 154.44M 146.70M

To track all earnings releases for RealReal visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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