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REAL
Benzinga
6 hrs

These Analysts Boost Their Forecasts On RealReal Following Better-Than-Expected Q3 Results

1. The RealReal reported a smaller than expected loss in Q3. 2. Sales reached $173.57 million, beating estimates by $3.06 million. 3. Fourth-quarter sales guidance raised to $188-$191 million, above estimates. 4. Full-year sales forecast increased to $687-$690 million. 5. Shares surged 34.3% after earnings report and positive analyst upgrades.

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FAQ

Why Bullish?

Better-than-expected earnings and raised guidance indicate strong performance. Historical context shows similar earnings beats often lead to price appreciation.

How important is it?

The article details significant earnings beats and positive guidance changes, directly impacting sentiment around REAL's future performance.

Why Short Term?

Analyst upgrades and immediate market reactions suggest quick gains. Short-term price movements generally follow strong earnings announcements.

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