RealReal (NASDAQ:REAL – Get Rating) is scheduled to post its quarterly earnings results after the market closes on Tuesday, May 10th. Analysts expect RealReal to post earnings of ($0.64) per share for the quarter. RealReal has set its Q1 2022 guidance at EPS and its FY 2022 guidance at EPS.Individual interested in registering for the company’s earnings conference call can do so using this link.
RealReal (NASDAQ:REAL – Get Rating) last issued its quarterly earnings data on Wednesday, February 23rd. The company reported ($0.55) EPS for the quarter, missing the consensus estimate of ($0.50) by ($0.05). RealReal had a negative net margin of 50.48% and a negative return on equity of 161.45%. The firm had revenue of $145.00 million for the quarter, compared to analysts’ expectations of $135.03 million. During the same period in the prior year, the firm posted ($0.57) EPS. RealReal’s revenue was up 71.4% on a year-over-year basis. On average, analysts expect RealReal to post $-2 EPS for the current fiscal year and $-2 EPS for the next fiscal year.
REAL stock opened at $5.87 on Tuesday. The company has a debt-to-equity ratio of 4.76, a current ratio of 2.75 and a quick ratio of 2.38. RealReal has a one year low of $5.34 and a one year high of $25.50. The stock has a market cap of $546.23 million, a PE ratio of -2.28 and a beta of 2.46. The firm has a 50 day simple moving average of $7.18 and a two-hundred day simple moving average of $10.28.
In other RealReal news, insider Arnon Katz sold 34,543 shares of the company’s stock in a transaction on Wednesday, February 23rd. The shares were sold at an average price of $7.65, for a total value of $264,253.95. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Steve Ming Lo sold 8,926 shares of the company’s stock in a transaction on Sunday, February 20th. The stock was sold at an average price of $7.58, for a total transaction of $67,659.08. The disclosure for this sale can be found here. Insiders have sold a total of 104,250 shares of company stock valued at $782,541 over the last quarter. 27.80% of the stock is currently owned by company insiders.
A number of hedge funds and other institutional investors have recently modified their holdings of REAL. Morgan Stanley raised its holdings in RealReal by 100.5% in the 2nd quarter. Morgan Stanley now owns 1,742,663 shares of the company’s stock worth $34,436,000 after purchasing an additional 873,379 shares in the last quarter. BlackRock Inc. raised its holdings in RealReal by 17.2% in the 4th quarter. BlackRock Inc. now owns 5,946,041 shares of the company’s stock worth $69,033,000 after purchasing an additional 870,578 shares in the last quarter. The Manufacturers Life Insurance Company raised its holdings in RealReal by 9.8% in the 4th quarter. The Manufacturers Life Insurance Company now owns 1,700,515 shares of the company’s stock worth $19,743,000 after purchasing an additional 151,717 shares in the last quarter. Barclays PLC grew its position in shares of RealReal by 327.7% in the 4th quarter. Barclays PLC now owns 164,177 shares of the company’s stock worth $1,906,000 after buying an additional 125,790 shares during the period. Finally, River & Mercantile Asset Management LLP grew its position in shares of RealReal by 30.9% in the 4th quarter. River & Mercantile Asset Management LLP now owns 114,500 shares of the company’s stock worth $1,330,000 after buying an additional 27,000 shares during the period. Institutional investors and hedge funds own 89.19% of the company’s stock.
About RealReal (Get Rating)
The RealReal, Inc operates an online marketplace for consigned luxury goods in the United State. It offers various product categories, including women's, men's, kids', jewelry and watches, and home and art products. The company was incorporated in 2011 and is headquartered in San Francisco, California.
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