Revlon (REV) Set to Announce Quarterly Earnings on Thursday

Revlon (NYSE:REV) will be releasing its earnings data before the market opens on Thursday, August 8th. Analysts expect Revlon to post earnings of ($0.71) per share for the quarter.

Revlon (NYSE:REV) last issued its earnings results on Thursday, May 9th. The company reported ($1.20) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.73) by ($0.47). The company had revenue of $553.20 million during the quarter, compared to analyst estimates of $553.60 million. The business’s revenue was down 1.3% compared to the same quarter last year. On average, analysts expect Revlon to post $-3 EPS for the current fiscal year and $-2 EPS for the next fiscal year.

Shares of NYSE REV traded up $0.20 during mid-day trading on Wednesday, reaching $18.36. The company had a trading volume of 18,836 shares, compared to its average volume of 77,312. The stock has a market capitalization of $960.07 million, a PE ratio of -4.98 and a beta of 0.27. The business has a 50-day moving average price of $20.08. Revlon has a 1-year low of $14.00 and a 1-year high of $29.62.

In other Revlon news, Director Ronald O. Perelman purchased 30,000 shares of the stock in a transaction dated Wednesday, June 5th. The shares were acquired at an average price of $23.19 per share, for a total transaction of $695,700.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Ronald O. Perelman purchased 140,000 shares of the stock in a transaction dated Monday, June 3rd. The shares were acquired at an average price of $21.34 per share, for a total transaction of $2,987,600.00. The disclosure for this purchase can be found here. Insiders purchased a total of 240,000 shares of company stock worth $5,231,000 over the last 90 days. Insiders own 87.10% of the company’s stock.

A number of brokerages recently issued reports on REV. ValuEngine upgraded Revlon from a “hold” rating to a “buy” rating in a report on Wednesday, May 1st. Zacks Investment Research upgraded Revlon from a “sell” rating to a “hold” rating in a report on Wednesday, July 10th.

Revlon Company Profile

Revlon, Inc, through its subsidiaries, develops, manufactures, markets, distributes, and sells beauty and personal care products worldwide. The company's Relvon segment offers color cosmetics and beauty tools under the Revlon brand; and hair color under the Revlon ColorSilk and Revlon Professional brands.

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Earnings History for Revlon (NYSE:REV)

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