REV (REVG) News & Sentiment

REV Group (REVG) came out with quarterly earnings of $0.40 per share, beating the Zacks Consensus Estimate of $0.29 per share. This compares to earnings of $0.25 per share a year ago.

VANCOUVER, British Columbia – TheNewswire - February 18, 2025: REV Exploration Corp. (“REV” or the “Company”) (TSXV: REVX), formerly Gitennes Exploration, is pleased to announce that Mr. Jeremy Polmear has been appointed to the Board of Directors.   Mr. Jordan Potts, CEO of REV, commented: " We are thrilled to welcome Jeremy Polmear to our Board of Directors. With his extensive experience in financial management across multiple industries, Jeremy will be an important asset as we launch into the natural hydrogen space in Saskatchewan. His strategic perspective and expertise in driving financial success will play a crucial role as we push forward with our mission. We look forward to the value Jeremy will bring to our team as we continue to accelerate our efforts at building shareholder value."

REV Group's Specialty Vehicle segment shows strong growth in revenues, margins, and EBITDA, driven by high backlogs and industry consolidation, offsetting weakness in the RV segment. The company reported a significant increase in adjusted EBITDA margins, from 6.4% to 8.3%, excluding the Collins Bus division, highlighting operational efficiency. With a robust balance sheet, a $250 million share buyback, and a 20% dividend increase, REVG is positioned for strong shareholder returns.

Despite challenges in the RV market, REV Group's specialty vehicles segment has driven strong earnings, leading to a 74.27% share price increase in the past year. Management's focus on productivity and cost control has resulted in earnings growth outpacing revenue, with a one-year price target of $48.05, a 41% increase. REV's competitive strengths and market leadership in specialty vehicles, particularly fire and ambulance, support its continued profitability and growth potential.

VANCOUVER, British Columbia, February 7 , 2025 – TheNewswire - REV Exploration Corp. (“REV” or the “Company”) (TSXV: REVX), formerly Gitennes Exploration, is pleased to announce that Mr. Shayne Neigum, P.Geo., Owner and President of 2SevenEnergy Services Ltd., has been appointed to the position of Chief Operating Officer as the Company pursues immediate opportunities in the natural hydrogen sector in the province of Saskatchewan.   Mr. Neigum will also be the Company's Qualified Person for mineral assets held outside of Quebec where REV holds a portfolio of gold and battery metal properties.

VANCOUVER, British Columbia, February 6, 2025 – TheNewswire - REV Exploration Corp. (“REV” or the “Company”) (TSXV: REVX), formerly Gitennes Exploration, is pleased to announce that Mr. Shayne Neigum, P.Geo., Owner and President of 2SevenEnergy Services Ltd., has been appointed to the position of Chief Operating Officer as the Company pursues immediate opportunities in the natural hydrogen sector in the province of Saskatchewan.   Mr. Neigum will also be the Company's Qualified Person for mineral assets held outside of Quebec where REV holds a portfolio of gold and battery metal properties.

C.H. Robinson Worldwide, REV, and Universal Logistics are included in the Zacks Industry Outlook report.

After thoroughly examining the Zacks Transportation - Services sector, we recommend investing in companies such as CHRW, REVG, and ULH.

Here is how REV Group (REVG) and Sun Country Airlines Holdings, Inc. (SNCY) have performed compared to their sector so far this year.