The travel trailers business has experienced a wave of consolidation in recent years, which has led to the dominance of a few North America travel trailers market bigger players that represent many of the top brands in the market. NEWARK, DE / ACCESSWIRE / September 28, 2022 / The North America travel trailers market is expected to have a CAGR of 18.10 % during the forecast period. The valuation of the market is predicted to reach US$ 112.4 billion in 2032, from US$ 33.95 billion in 2022. Travel and tourism are becoming more and more important on a worldwide scale, opening up the attractive potential for industry growth. By 2032, travel and tourism will continue to boost the business by increasing the demand for outdoor camping activities. The World Tourism Organization reports that compared to 2020, worldwide tourism climbed by 4% in 2021, boosting sector growth. Rapid technical breakthroughs have increased consumer demand for electric leisure vehicles with the development of improved batteries and electric power trains (RVs).
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REV Group''s near-term outlook remains clouded by supply chain issues. See why REVG stock''s valuation is currently below comparable peer SHYF.
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According to Benzinga Pro, during Q3, REV Group (NYSE: REVG ) earned $9.50 million, a 513.04% increase from the preceding quarter. REV Group also posted a total of $594.80 million in sales, a 3.21% increase since Q2. REV Group collected $576.30 million in revenue during Q2, but reported earnings showed a $2.30 million loss. What Is ROIC? Return on Invested Capital is a measure of yearly pre-tax profit relative to capital invested by a business. Changes in earnings and sales indicate shifts in a company''s ROIC. A higher ROIC is generally representative of … Full story available on Benzinga.com
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REV Group (NYSE: REVG) is a niche EV play without the flash of Lucid Motors (NASDAQ: LCID), Workhorse Group (NASDAQ: WKHS), or Nikola (NASDAQ: NKLA) but it has something they don’t. A deep moat. While there are other manufacturers making EV ambulances, fire trucks, busses, and RVs they are few and far between and, better, […]
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REV Group, Inc. (NYSE:NYSE:REVG) Q3 2022 Earnings Conference Call September 07, 2022, 10:00 AM ET Company Participants Drew Konop - Vice President of Investor Relations and Corporate…
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REV Group declares $0.05 dividendREV Group declares $0.05 dividend
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REV Group (NYSE: REVG ) is set to give its latest quarterly earnings report on Wednesday, 2022-09-07. Here''s what investors need to know before the announcement. Analysts estimate that REV Group will report an earnings per share (EPS) of $0.22. REV Group bulls will hope to hear the company to announce they''ve not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for … Full story available on Benzinga.com
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BURLINGAME, Calif., Sept. 06, 2022 (GLOBE NEWSWIRE) -- Proterra Inc (NASDAQ: PTRA), a leading innovator in commercial vehicle electrification technology, and ElDorado National (California) or ENC ® , a subsidiary of REV Group ® and an industry leader in heavy-duty transit, airport and university buses and emissions-free technology, today announced a new collaboration to power ENC’s second-generation electric transit buses with Proterra’s industry-leading battery technology.
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Rev Group Inc (NYSE: REVG ) subsidiary Spartan Emergency Response has received an order for two all-electric Vector fire trucks from Toronto Fire Services . REV Fire … Full story available on Benzinga.com
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BROOKFIELD, Wis.--(BUSINESS WIRE)--REV Group (NYSE: REVG), today announced that it is planning to release its third quarter fiscal 2022 results before market open on Wednesday, September 7, 2022. The results will be discussed during a live webcast later that morning on September 7, 2022, beginning at 10:00 a.m. ET. To access the webcast, investors should go to www.revgroup.com at least 15 minutes prior to the event. Slides for the webcast will be available on the website before the start of the
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REV Group''s (REVG) E-One stated Friday that it has received order for its all-electric truck from fire safety service in Quebec. The truck named Vector Rescue Decon is said to become one…
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E-ONE, a subsidiary of REV Group, Inc. (NYSE: REVG), announces it is building an all-electric Vector Rescue Decon truck for the City of Varennes Fire Safety Service in Quebec; the first Rescue truck using the first fully electric North America- style fire truck design. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220628005742/en/
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REV Group’s recovery is hampered by revenue & margin contraction. Dividends are well-covered but growth remains sluggish. Learn more about REVG stock here.
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Credit Suisse analyst Jamie Cook lowered the price target on REV Group Inc (NASDAQ: REVG ) to $10 from $11 while maintaining the Underperform rating on the shares. The analyst stated that within the quarter, REVG did not experience supply chain improvement as expected, and in some instances, the situation worsened. REVG now expects supply chain challenges will continue into CY 2023. Cook mentions that REVG experienced shortages in … Full story available on Benzinga.com
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Within the last quarter, REV Group (NYSE: REVG ) has observed the following analyst ratings: Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 0 3 0 1 Last 30D 0 0 1 0 1 1M Ago 0 0 0 0 0 2M Ago 0 0 1 0 0 3M Ago 0 0 1 0 0 According to 4 analyst offering 12-month price targets in the last 3 months, REV Group has an average price target of $12.62 with a high of $14.00 and a low of $11.50. Below is a summary of how these 4 analysts rated REV Group over the past 3 months. The greater the number of bullish ratings, the more positive analysts are on the stock … Full story available on Benzinga.com
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REVG earnings call for the period ending March 31, 2022.
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U.S. stocks pared losses, with the Nasdaq Composite turning higher midway through trading on Tuesday. The Dow traded down 0.04% to 32,901.22 while the NASDAQ rose 0.11% to 12,074.97. The S&P also fell, dropping, 0.01% to 4,121.38. Also check this: Home Depot And 2 Other Stocks Insiders Are Buying Leading and Lagging Sectors Energy shares jumped by 1.8% on Tuesday. Meanwhile, top gainers in the sector included Peabody Energy Corporation (NYSE: BTU ), up 11% and Arch Resources, Inc. (NYSE: ARCH ) up 10%. In trading on Tuesday, utilities shares fell 0.6%. Top Headline United Natural Foods Inc (NYSE: UNFI ) reported upbeat results for its third quarter. United Natural Foods reported third-quarter FY22 sales growth of 9.2% year-on-year to $7.24 billion, beating the consensus of $7.10 billion. Adjusted EPS of $1.10 beat the analyst consensus of $0.97. United Natural Foods sees FY22 sales of $28.8 billion - $29.1 billion (prior view $28.2 billion - $28.7 billion), against the consensus of $28.66 billion.
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According to this latest study, the 2021 growth of Airport Crash Tenders will have significant change from previous year. By the most conservative estimates of global Airport Crash Tenders market size (most likely outcome) will be a year-over-year revenue growth rate of XX% in 2021, from US$ xx million in 2020. Over the next five []
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Insider purchases and improving fundamentals point to good value in REV Group Related Stocks: REVG ,
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According to this latest study, the 2021 growth of Airport Crash Tenders will have significant change from previous year. By the most conservative estimates of global Airport Crash Tenders market size (most likely outcome) will be a year-over-year revenue growth rate of XX% in 2021, from US$ xx million in 2020. Over the next five []
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Credit Suisse Stick to Their Sell Rating for REV Group Inc
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Related Stocks: REVG ,
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As they emerge from pandemic travel limitations, more Americans are placing orders for recreational vehicles and thats fueling a sales surge for brands owned by suburban Milwaukee-based Rev Group Inc., including Fleetwood and Holiday Rambler.
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MILWAUKEE--(BUSINESS WIRE)--REV Group, Inc. (NYSE:REVG) announced today the pricing of the previously announced underwritten offering of 5,500,000 shares of common stock by certain selling stockholders at the public offering price of $15.50 per share. In addition, the selling stockholders have granted the underwriters an option to purchase up to 825,000 additional shares of common stock from the selling stockholders. REV Group is not selling any shares of common stock in the offering, and REV G
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MILWAUKEE--(BUSINESS WIRE)--REV Group, Inc. (NYSE:REVG) announced today the commencement of an underwritten public offering of 7,500,000 shares of common stock by certain selling stockholders. In connection with the offering, the selling stockholders intend to grant the underwriters an option to purchase up to 1,125,000 additional shares of common stock from the selling stockholders. REV Group is not selling any shares of common stock in the offering, and REV Group will not receive any proceeds
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REV Group moves to new highs after blowout results and improved guidance.
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Gainers REV Group (NYSE: REVG) shares are trading higher after the company reported better-than-expected Q2 EPS and sales results and raised FY21 guidance. Marvell Technology (NASDAQ: MRVL) shares are trading higher after the company reported better-than-expected Q1 EPS and sales results. Stitch Fix (NASDAQ: SFIX) shares are trading higher after the company reported better-than-expected Q3 Read More » 8 Stocks Moving In Mondays After-Hours Session The post 8 Stocks Moving In Mondays After-Hours Session appeared on Stocks News Feed .
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REV Group, Inc. (NYSE:REVG) CFO Jr. Mark A. Skonieczny acquired 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, January 13th. The shares were purchased at an average cost of $9.10 per share, for a total transaction of $91,000.00. Following the completion of the transaction, the chief financial officer now directly […]
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NEW YORK, NY / ACCESSWIRE / January 7, 2021 / REV Group, Inc.
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MILWAUKEE--(BUSINESS WIRE)--REV Group, Inc. (NYSE: REVG), a manufacturer of industry-leading specialty vehicles, today reported results for the three months ended October 31, 2020 (“fourth quarter 2020”). Consolidated net sales in the fourth quarter 2020 were $616.3 million, representing a decrease of 5.6 percent compared to $652.9 million for the three months ended October 31, 2019 (“fourth quarter 2019”). The decrease in net sales was primarily the result of the sale of the shuttle bus busine
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REV Group (NYSE:REVG) is set to post its quarterly earnings results before the market opens on Thursday, January 7th. Analysts expect REV Group to post earnings of $0.11 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link. REVG opened at $9.06 on […]
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Analysts expect REV Group, Inc. (NYSE:REVG) to announce sales of $613.70 million for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for REV Group’s earnings. The highest sales estimate is $619.20 million and the lowest is $608.20 million. REV Group reported sales of $652.90 million during the same quarter last […]
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Shares of REV Group, Inc. (NYSE:REVG) have earned a consensus recommendation of “Hold” from the eight analysts that are presently covering the stock, MarketBeat reports. Four research analysts have rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. The average 12-month […]
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MILWAUKEE--(BUSINESS WIRE)--REV Group (NYSE: REVG), today announced that its CEO, Rod Rushing will present at the Morgan Stanley Virtual 8th Annual Laguna Conference. A presentation will begin at 10:30 a.m. Eastern Time, on Tuesday September 15, 2020. Interested investors and other parties may listen to a simultaneous webcast of the presentation by logging onto the investor relations section (“Investor Events & Presentations”) on the company's website at http://investors.revgroup.com/. Abou
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MILWAUKEE--(BUSINESS WIRE)--REV Group, Inc. (NYSE: REVG), a manufacturer of industry-leading specialty vehicles, today reported results for the three months ended July 31, 2020 (“third quarter 2020”). Consolidated net sales in the third quarter 2020 were $582.2 million, representing a decrease of 5.6 percent compared to $617.0 million for the three months ended July 31, 2019 (“third quarter 2019”). The decrease in net sales was primarily the result of the sale of the shuttle bus businesses, low
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REV Group, a manufacturer of premium fire apparatus brands including E-ONE, KME, Ferrara, and Spartan Emergency Response, is proud to announce a partnership with United Safety & Survivability… | August 19, 2020
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REV Group, Inc. (REVG) delivered earnings and revenue surprises of 30.77% and -1.33%, respectively, for the quarter ended April 2020. Do the numbers hold clues to what lies ahead for the stock?
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Investors need to pay close attention to REV Group (REVG) stock based on the movements in the options market lately.
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REV Group, Inc. (REVG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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REUTERS: IndyCar cancelled two more races on Thursday, forced to tweak its schedule due to restrictions put in place by the novel coronavirus outbreak. Races in Toronto on July 12 and Richmond, Virginia on June 27 were cancelled while REV Group Grand Prix at Road America was rescheduled from June …
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MILWAUKEE--(BUSINESS WIRE)--REV Group (NYSE: REVG), today announced that it is planning to release its second quarter 2020 results before market open on Monday, June 8, 2020. The results will be discussed during a live webcast later that morning on June 8, 2020 beginning at 10:00 a.m. ET. To access the webcast, investors should go to www.revgroup.com at least 15 minutes prior to the event. Slides for the webcast will be available on the website shortly before the start of the call. The conferen
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MILWAUKEE--(BUSINESS WIRE)--REV Group, Inc. (NYSE: REVG), a manufacturer of industry-leading specialty vehicles, announced today that it has obtained financial covenant relief requested under an amendment to the Company’s existing $175 million Term Loan Agreement (“Agreement”) and provided an update on Recreation manufacturing operations. Effective April 30, 2020, the Company’s amended Agreement eliminates the requirement for quarterly compliance with the net leverage ratio covenant test and re
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MILWAUKEE--(BUSINESS WIRE)--REV Group (REVG), the nation’s largest manufacturer of Type I, II, III emergency vehicles with over 50 years’ experience, has incorporated several product options into their High-Risk Infection Control (HRIC) ambulance designs to further protect patients and EMS personnel from exposure risk. Horton, American Emergency Vehicles (AEV), Leader, Wheeled Coach, Road Rescue and McCoy-Miller all offer these features in their HRIC designs. REV has previously delivered ambula
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OCALA, Fla.--(BUSINESS WIRE)--E-ONE, a subsidiary of REV Group and a leading manufacturer of fire apparatus, has begun delivery of the first unit in an order for 49 TITAN® 4x4 Air Transportable (AT) ARFF P-19C vehicles to the United States Air Force (USAF). These vehicles are specifically designed to fit on Lockheed Martin C-130J Super Hercules aircraft, allowing the vehicles to be deployed to USAF bases around the world. As the latest configuration of the E-ONE TITAN 4X4 ARFF, the TITAN AT P-1
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MILWAUKEE--(BUSINESS WIRE)--REV Group, Inc. (NYSE: REVG), a manufacturer of industry-leading specialty vehicles, today reported results for the three months ended January 31, 2020 (“first quarter 2020”). Consolidated net sales in the first quarter 2020 were $532.1 million, representing an increase of 2.6 percent compared to $518.7 million for the three months ended January 31, 2019 (“first quarter 2019”). The increase in net sales was primarily the result of higher Fire & Emergency (“F&
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REV Group, Inc. (REVG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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