Rev Group Surpasses Analyst Expectations
Specialty vehicle manufacturer Rev Group (NYSE: REVG) exceeded quarterly analyst expectations, primarily driven by robust demand for its firefighting vehicles, resulting in a 14% increase in share value as of 10:30 a.m. ET. The company reported earnings of $0.70 per share for its fiscal second quarter ending April 30, along with revenue of $629.1 million, surpassing Wall Street’s consensus estimate of $0.57 per share on revenue of $603 million. Rev Group specializes in recreational vehicles and specialty trucks, including fire equipment and ambulances.
