REVG - REV Group posts better-than-anticipated revenue guidance
REV Group (REVG) trickles higher after reporting Q4 revenue, EPS and adjusted EBITDA ahead of expectations. "Backlog and order intake have been strong in fire, emergency, recreation and specialty markets and we expect our transportation service markets to respond to greater availability and adoption of COVID-19 vaccinations throughout the year," notes CEO Rod Rushing. Pointing to the momentum and operational improvements, the company guides for FY22 revenue of of $2.45B to 2.60B vs. $2.41B consensus. REVG +0.14% premarket following the Q4 results.
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REV Group posts better-than-anticipated revenue guidance