tiprankstipranks
REV Group Reports Strong 2024 Results and 2025 Outlook
Company Announcements

REV Group Reports Strong 2024 Results and 2025 Outlook

Story Highlights

Pick the best stocks and maximize your portfolio:

REV Group ( (REVG) ) has shared an announcement.

REV Group, Inc. has announced its robust fiscal 2024 fourth-quarter and full-year results, highlighting a net income increase and strong overall performance despite a decrease in consolidated net sales. The company is optimistic about fiscal 2025 with new financial targets, a $250 million share repurchase authorization, and a 20% increase in quarterly cash dividends, showcasing its commitment to returning value to shareholders and maintaining financial health.

More about REV Group

REV Group, Inc. is an industry leader specializing in manufacturing specialty vehicles, including fire apparatus, ambulances, and recreational vehicles. The company focuses on delivering high-quality vehicles to meet diverse market demands, emphasizing strategic priorities and capital allocation frameworks to ensure sustainable growth.

YTD Price Performance: 93.72%

Average Trading Volume: 524,232

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.54B

For detailed information about REVG stock, go to TipRanks’ Stock Analysis page.

Related Articles
TheFlyREV Group announces share repurchase pact for $250M
TheFlyREV Group reports Q4 EPS 51c, consensus 49c
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App