10:41 AM EDT, 06/04/2025 (MT Newswires) -- (Updates with the latest stock movement in the headline and first paragraph.)
REV Group ( REVG ) shares were up over 14% in recent Wednesday trading after the company reported fiscal Q2 adjusted earnings and net sales that topped analyst expectations and raised its full-year revenue outlook.
The company reported fiscal Q2 adjusted net income Wednesday of $0.70 per diluted share, up from $0.39 a year earlier.
Four analysts polled by FactSet expected $0.57.
Net sales for the quarter ended April 30 were $629.1 million, up from $616.9 million a year earlier.
Three analysts surveyed by FactSet expected $603.5 million.
The company raised its fiscal 2025 net sales guidance to between $2.35 billion and $2.45 billion, from $2.30 billion to $2.40 billion previously. Four analysts polled by FactSet expect $2.38 billion.
REV Group ( REVG ) maintained a regular quarterly cash dividend of $0.06 per share, payable on July 11 to shareholders of record as of June 27.
Price: 42.51, Change: +5.29, Percent Change: +14.21