Online fashion retailer Revolve will report its second-quarter earnings after the market closes on Tuesday. The company beat revenue expectations last quarter with $342.9 million, up 15.6% year on year, and reported 2.93 million active buyers, an 8.3% increase. For this quarter, analysts expect revenue growth of 10.9% year on year, an improvement from the 9.4% growth in the same period last year. Revolve has missed Wall Street revenue estimates multiple times over the past two years, though analyst estimates have remained largely unchanged in the last 30 days. Shares of Revolve are up 12.3% over the past month, compared to an average 4.2% decline among consumer internet peers, and the average analyst price target is $29.69 versus the current share price of $25.11.
Revolve Group LLCEarnings report upcoming; past revenue beats and misses mixed, analyst estimates unchanged, stock up recently.