Recap: Rent the Runway Q3 Earnings - Rent the Runway (NASDAQ:RENT)

Rent the Runway RENT reported its Q3 earnings results on Tuesday, December 5, 2023 at 04:01 PM.

Here's what investors need to know about the announcement.

Rent the Runway missed estimated earnings by 4.65%, reporting an EPS of $-0.45 versus an estimate of $-0.43.

Revenue was down $4.90 million from the same period last year.

Last quarter the company beat on EPS by $0.03 which was followed by a 27.93% drop in the share price the next day.

Here's a look at Rent the Runway's past performance:

Quarter	Q2 2023	Q1 2023	Q4 2022	Q3 2022
EPS Estimate	-0.43	-0.49	-0.51	-0.56
EPS Actual	-0.40	-0.46	-0.40	-0.47
Revenue Estimate	78.25M	73.19M	75.23M	72.91M
Revenue Actual	75.70M	74.20M	75.40M	77.40M

To track all earnings releases for Rent the Runway visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.