Rent the Runway (RENT) News & Sentiment

Rent the Runway, Inc. (RENT) came out with a quarterly loss of $4.94 per share versus the Zacks Consensus Estimate of a loss of $4.96. This compares to loss of $9 per share a year ago.

Improved Business Momentum with Acceleration in Revenue Growth Led by Stronger Reserve Performance and Continued Growth in Other Revenue.

NEW YORK, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. (“Rent the Runway”) (Nasdaq: RENT) announced today that it expects to release its third quarter 2024 financial results for the quarter ended October 31, 2024 on Monday, December 9, 2024, before market open. Rent the Runway will host a conference call and live webcast with the investment community at 8:30 a.m. Eastern Time that same day to discuss its results and to provide a business update.

Rent the Runway (RENT) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Rent the Runway RENT is a micro-cap stock whose price target was recently updated by Jefferies. This signals that the name could have nearly triple-bagger upside.

Rent the Runway NASDAQ: RENT is a micro-cap stock whose price target was recently updated by Jefferies. This signals that the name could have nearly triple-bagger upside.

Rent the Runway (RENT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Rent the Runway, Inc. (NASDAQ:RENT ) Q2 2024 Earnings Conference Call September 5, 2024 4:30 PM ET Corporate Participants Cara Schembri - Chief Legal & Administrative Officer Jennifer Hyman - Co-Founder, Chief Executive Officer and Chair Siddharth Thacker - Chief Financial Officer Conference Call Participants Matt Condon - Citizens JMP Securities Ashley Helgans - Jefferies Operator Welcome to Rent the Runway's Second Quarter 2024 Earnings Results Conference Call. At this time, all participants are on a listen-only mode.

Rent the Runway, Inc. (RENT) came out with a quarterly loss of $4.17 per share versus the Zacks Consensus Estimate of a loss of $5.86. This compares to loss of $8 per share a year ago.