Rev Group (NYSE:REVG) announced its quarterly earnings data on Wednesday, June 5th. The company reported $0.24 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.24, Briefing.com reports. The business had revenue of $615.00 million for the quarter, compared to the consensus estimate of $626.34 million. Rev Group had a negative net margin of 0.53% and a positive return on equity of 9.19%. Rev Group’s quarterly revenue was up 1.0% on a year-over-year basis. During the same quarter last year, the company posted $0.24 earnings per share. Rev Group updated its FY 2019 guidance to EPS.
Shares of Rev Group stock traded up $0.52 during trading on Friday, hitting $14.41. 401,171 shares of the company were exchanged, compared to its average volume of 328,649. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.16 and a quick ratio of 0.82. The stock has a fifty day moving average price of $12.32. Rev Group has a 1-year low of $6.41 and a 1-year high of $17.88. The company has a market capitalization of $846.11 million, a price-to-earnings ratio of 13.99, a P/E/G ratio of 1.21 and a beta of 2.74.
The business also recently announced a quarterly dividend, which will be paid on Friday, August 30th. Stockholders of record on Tuesday, July 30th will be given a dividend of $0.05 per share. The ex-dividend date is Monday, July 29th. This represents a $0.20 annualized dividend and a dividend yield of 1.39%. Rev Group’s payout ratio is currently 19.42%.
Rev Group Company Profile
REV Group, Inc designs, manufactures, and distributes specialty vehicles in the United States, Canada, Europe, Africa, the Middle East, Latin America, the Caribbean, and internationally. It operates through three segments: Fire & Emergency, Commercial, and Recreation. The Fire & Emergency segment offers a range of fire apparatus and ambulance products for municipalities and private contractors.
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