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RealReal (REAL)
NASDAQ:REAL
Holding REAL?
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Earnings Data
Report Date
Mar 04, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-0.04Last Year’s EPS
-0.07Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 04, 2019
|% Change Since: 209.84%
|Next Earnings Date:Aug 13, 2019
Earnings Call Sentiment|Positive
The earnings call conveyed a strong positive sentiment with multiple areas of growth, including increased GMV, revenue, and gross margins. Operational efficiencies and positive cash flow further reinforced the positive outlook, with an upward revision of full-year guidance. The only notable lowlights were a decline in direct revenue and return rates influenced by product mix, which were overshadowed by the overall positive trends.Company Guidance
During The RealReal's Q3 2024 earnings call, the company reported strong financial performance, leading to an increase in their full-year guidance. Key metrics included a 6% year-over-year growth in GMV, reaching $433 million, and an 11% increase in revenue to $148 million, driven by a 14% rise in consignment revenue. The company achieved a positive adjusted EBITDA of $2.3 million and reported positive free cash flow for the quarter. Active buyers grew by 7% on a trailing 3-month basis to 389,000, with a stable count of 958,000 on a trailing 12-month basis. Gross margin improved by 430 basis points to 74.9%, attributed to a favorable mix shift towards consignment revenues. The company raised its full-year guidance, projecting GMV between $1.81 billion and $1.826 billion and revenue between $595 million and $602 million, with Q4 GMV expected to grow 9% year-over-year at the midpoint. Fourth quarter adjusted EBITDA is anticipated to be between $6.5 million and $9.5 million. The positive outlook is supported by strong supply trends, operational efficiencies, and strategic growth initiatives across sales, marketing, and retail operations.Increased GMV and Revenue
Third quarter GMV grew 6% versus last year, with revenue of $148 million, an increase of 11%. Consignment revenue was up 14% compared to the previous year.
Positive Adjusted EBITDA and Cash Flow
The company reported a positive adjusted EBITDA of $2.3 million for the third quarter, marking the second consecutive quarter of positive adjusted EBITDA. Additionally, positive free cash flow was achieved.
Strong Supply Metrics
Supply metrics showed strength with both units and value increasing compared to last year, driven by a multichannel approach involving luxury managers, stores, and marketing.
Improved Gross Margin
Third quarter gross margin was 74.9%, an increase of 430 basis points from the same quarter last year, driven by an increase in higher-margin consignment business.
Raised Full Year Guidance
Due to strong performance, full year GMV, revenue, and adjusted EBITDA guidance ranges were raised. Fourth quarter GMV is expected to grow 9% versus the prior year.
Operational Efficiency Gains
Operational efficiency improved with a reduction in processing time by over 10% due to increased automation, leading to expanded margins and funding for investments.
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REAL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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REAL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 04, 2024 | $3.05 | $3.66 | +20.00% |
| Aug 06, 2024 | $3.10 | $2.38 | -23.23% |
| May 07, 2024 | $3.78 | $4.08 | +7.94% |
| Feb 29, 2024 | $1.77 | $2.76 | +55.93% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does RealReal (REAL) report earnings?
RealReal (REAL) is schdueled to report earning on Mar 04, 2025, TBA Not Confirmed.
What is RealReal (REAL) earnings time?
RealReal (REAL) earnings time is at Mar 04, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is REAL EPS forecast?
REAL EPS forecast for the fiscal quarter 2024 (Q4) is -0.04.
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