07:46 AM EDT, 06/05/2024 (MT Newswires) -- REV Group ( REVG ) reported fiscal Q2 adjusted net income Wednesday of $0.39 per diluted share, up from $0.35 a year earlier.

Three analysts polled by Capital IQ expected $0.26.

Net sales for the quarter ended April 30 were $616.9 million, down from $681.2 million a year earlier.

Three analysts surveyed by Capital IQ expected $601.5 million.

For fiscal 2024, the maker of specialty and recreational vehicles said it now expects adjusted net income of $76 million to $90 million, compared with its prior range of $72 million to $90 million. Two analysts polled by Capital IQ expect $78.1 million.

Net sales for the fiscal year are now expected to be in the range of $2.40 billion to $2.50 billion, down from its previous range of $2.45 billion to $2.55 billion. Three analysts surveyed by Capital IQ expect $2.49 billion.

REV Group ( REVG ) maintained its quarterly dividend at $0.05 a share, payable July 12 to shareholders of record as of June 28.

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