NYSE$REVG
REV Group Inc · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Reported strong second quarter results and raised full year fiscal 2021 guidance, also reinstated quarterly cash dividend.
REV Group reported a strong second quarter with net sales of $643.6 million, a 17.7% increase compared to the prior year quarter, and net income of $20.6 million, compared to a net loss of $7.6 million in the prior year quarter. Adjusted EBITDA was $45.5 million, a significant increase from $7.6 million in the prior year quarter. The company also raised its full year fiscal 2021 Adjusted EBITDA guidance and reinstated its quarterly cash dividend.
- Net sales increased by 17.7% to $643.6 million compared to the prior year quarter.
- Net income was $20.6 million, a significant improvement from the net loss of $7.6 million in the prior year quarter.
- Adjusted EBITDA reached $45.5 million, compared to $7.6 million in the prior year quarter.
- Full year fiscal 2021 Adjusted EBITDA guidance was raised to a range of $145.0 to $160.0 million.
Headline financials
Revenue & EPS history
REV Group · Revenue · Quarterly
$644M
Revenue by segment
REV Group · $546M total across 2 segments · Q2 2021
- Specialty Vehicles$308M+6.3%56.4%
- Recreational Vehicles$238M+108.7%43.6%
Forward guidance
The company provided its updated outlook for its fiscal year ended October 31st, 2021, which includes the following performance expectations:
Tailwinds
- Net Sales: $2,450 to $2,600 million
- Net Income: $52 to $68 million
- Adjusted EBITDA: $145 to $160 million
- Adjusted Net Income: $73 to $88 million
- Free Cash Flow: $65 to $88 million
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 7 quarterly earnings reports
-0.4%
Avg return
Earnings day
+10.7%
Avg return
5 days after
+12.7%
Avg return
30 days after
54%
22 / 41 earnings
Positive
+24.8%
Q1 2021
Best reaction
-26.5%
Q4 2018
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | — | — | — | |
| Q4 2025 | +5.8% | +6.3% | +20.6% | |
| Q3 2025 | +12.5% | +19.8% | +4.2% | |
| Q2 2025 | +15.0% | +23.4% | +33.1% | |
| Q1 2025 | +2.4% | +11.8% | +7.3% | |
| Q4 2024 | +14.8% | +15.3% | +9.9% | |
| Q3 2024 | -14.2% | +10.0% | +14.5% | |
| Q2 2024 | +11.0% | +10.2% | -0.6% | |
| Q1 2024 | -6.6% | -11.6% | +12.9% | |
| Q4 2023 | +9.6% | — | — | |
| Q3 2023 | +7.5% | — | — | |
| Q2 2023 | +9.6% | — | — | |
| Q1 2023 | +3.0% | — | — | |
| Q4 2022 | -3.8% | — | — | |
| Q3 2022 | +7.3% | — | — | |
| Q2 2022 | -4.8% | — | — | |
| Q1 2022 | +5.9% | — | — | |
| Q4 2021 | -18.5% | — | — | |
| Q3 2021 | -10.4% | — | — | |
| Q2 2021 | -1.0% | — | — | |
| Q1 2021 | +24.8% | — | — | |
| Q4 2020 | -7.6% | — | — | |
| Q3 2020 | -4.3% | — | — | |
| Q2 2020 | -12.2% | — | — | |
| Q1 2020 | +7.3% | — | — | |
| Q4 2019 | +8.0% | — | — | |
| Q3 2019 | -21.1% | — | — | |
| Q2 2019 | -7.5% | — | — | |
| Q1 2019 | +10.2% | — | — | |
| Q4 2018 | -26.5% | — | — | |
| Q3 2018 | -15.2% | — | — | |
| Q2 2018 | -14.6% | — | — | |
| Q1 2018 | -11.6% | — | — | |
| Q4 2015 | +4.6% | — | — | |
| Q4 2017 | +3.7% | — | — | |
| Q3 2017 | +4.6% | — | — | |
| Q3 2016 | +4.6% | — | — | |
| Q2 2016 | +3.1% | — | — | |
| Q2 2017 | +1.2% | — | — | |
| Q1 2017 | -4.8% | — | — | |
| Q1 2016 | -4.8% | — | — | |
| Q4 2016 | -4.8% | — | — | |
| Q3 2015 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro