Revlon, Inc. (NYSE:REV) – Stock analysts at Jefferies Financial Group cut their FY2021 earnings estimates for shares of Revlon in a research note issued to investors on Monday, May 10th. Jefferies Financial Group analyst S. Wissink now expects that the company will earn ($3.47) per share for the year, down from their prior forecast of ($2.77). Jefferies Financial Group also issued estimates for Revlon’s Q1 2022 earnings at ($1.04) EPS and FY2022 earnings at ($2.59) EPS.
Revlon (NYSE:REV) last posted its quarterly earnings results on Monday, May 10th. The company reported ($1.55) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.08) by ($0.47). The firm had revenue of $445.00 million for the quarter, compared to analyst estimates of $520.20 million.
NYSE:REV opened at $10.35 on Thursday. The stock’s 50 day moving average price is $11.52 and its 200 day moving average price is $11.14. Revlon has a 52 week low of $3.96 and a 52 week high of $19.00. The company has a market capitalization of $544.41 million, a P/E ratio of -1.54 and a beta of 2.71.
A number of large investors have recently added to or reduced their stakes in REV. Sowell Financial Services LLC acquired a new position in Revlon in the first quarter worth approximately $34,000. BNP Paribas Arbitrage SA grew its holdings in Revlon by 114.0% during the first quarter. BNP Paribas Arbitrage SA now owns 3,103 shares of the company’s stock valued at $38,000 after purchasing an additional 1,653 shares during the last quarter. FNY Investment Advisers LLC acquired a new position in Revlon during the fourth quarter valued at approximately $53,000. Barclays PLC grew its holdings in Revlon by 152.7% during the first quarter. Barclays PLC now owns 5,841 shares of the company’s stock valued at $72,000 after purchasing an additional 3,530 shares during the last quarter. Finally, UBS Group AG grew its holdings in Revlon by 197.9% during the first quarter. UBS Group AG now owns 5,868 shares of the company’s stock valued at $72,000 after purchasing an additional 3,898 shares during the last quarter. Hedge funds and other institutional investors own 11.50% of the company’s stock.
Revlon, Inc, through its subsidiaries, develops, manufactures, markets, distributes, and sells beauty and personal care products worldwide. The company's Relvon segment offers color cosmetics and beauty tools under the Revlon brand; and hair color under the Revlon ColorSilk and Revlon Professional brands.
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