
Speciality vehicle provider REV (NYSE: REVG) will be reporting earnings this Wednesday morning. Hereโs what to look for.
REV Group beat analystsโ revenue expectations by 5% last quarter, reporting revenues of $644.9 million, up 11.3% year on year. It was a stunning quarter for the company, with a solid beat of analystsโ EBITDA estimates and an impressive beat of analystsโ adjusted operating income estimates.
Is REV Group a buy or sell going into earnings? Read our full analysis here, itโs free for active Edge members.
This quarter, analysts are expecting REV Groupโs revenue to grow 6.3% year on year to $635.6 million, a reversal from the 13.8% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.78 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. REV Group has only missed Wall Streetโs revenue estimates once over the last two years, exceeding top-line expectations by 2.4% on average.
Looking at REV Groupโs peers in the heavy transportation equipment segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Cumminsโs revenues decreased 1.6% year on year, beating analystsโ expectations by 5%, and Blue Bird reported revenues up 16.9%, topping estimates by 7.7%. Cummins traded up 7.8% following the results while Blue Bird was down 5.2%.
Read our full analysis of Cumminsโs results here and Blue Birdโs results here.
Investors in the heavy transportation equipment segment have had steady hands going into earnings, with share prices up 1.4% on average over the last month. REV Group is up 7.3% during the same time and is heading into earnings with an average analyst price target of $60.20 (compared to the current share price of $55.79).
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