REAL Stock Recent News

The second-hand luxury goods market is on fire, growing twice as fast as the primary market, advancing at an 11.6% compound annual growth rate since 2019 compared to 5.2% CAGR for the primary personal luxury goods market.

The RealReal (NASDAQ: REAL) stock price surged by more than 50% on Friday after the company published encouraging financial results. The stock jumped to a high of $2.88, its highest point since September 5th.

While the top- and bottom-line numbers for The RealReal (REAL) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

The RealReal (REAL) came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.29 per share a year ago.

SAN FRANCISCO, Feb. 07, 2024 (GLOBE NEWSWIRE) -- The RealReal (Nasdaq: REAL)—the world's largest online marketplace for authenticated, resale luxury goods—today announced that it will release its financial results for the fourth quarter and full year ended December 31, 2023 after the market closes on February 29, 2024.

While investors should probably direct the majority of their market-earmarked funds toward slow-and-steady ideas – à la Warren Buffett – sometimes, we end up with gambling money. And in that case, speculative stocks to double your money might make sense.

The RealReal has joined EON to make it easier for luxury customers to consign their goods. The collaboration between the luxury consignment brand and the digital ID company will see The RealReal (TRR) join EON Exchange, EON's app/partner/service ecosystem, the companies announced in a Tuesday (Jan. 16) news release provided to PYMNTS.

Although the revenue and EPS for The RealReal (REAL) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

The RealReal has been doing a lot of cleanup in 2023, and the luxury consignment shop is hopeful to see the fruits of its labor in the first half of 2024. This update comes directly from the company, which released its earnings report on Tuesday (Nov 7).

The RealReal, Inc. (NASDAQ:REAL ) Q3 2023 Earnings Conference Call November 7, 2023 5:00 PM ET Company Participants Caitlin Howe - Senior Vice President of Investor Relations John Koryl - Chief Executive Officer Robert Julian - Chief Financial Officer Rati Levesque - President & Chief Operating Officer Conference Call Participants Mark Altschwager - Baird Marvin Fong - BTIG Ike Boruchow - Wells Fargo Tom Nikic - Wedbush Securities Edward Yruma - Piper Sandler Ashley Owens - KeyBanc Capital Markets Rick Patel - Raymond James Operator Good day and thank you for standing by. Welcome to The RealReal's Third Quarter 2023 Earnings Conference Call.