Earnings To Watch: Regional Management Corp (RM) Reports Q3 2024 Result

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Nov 05, 2024
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Regional Management Corp (RM, Financial) is set to release its Q3 2024 earnings on Nov 6, 2024. The consensus estimate for Q3 2024 revenue is $144.37 million, and the earnings are expected to come in at $1.05 per share. The full year 2024's revenue is expected to be $586.85 million and the earnings are expected to be $4.4 per share. More detailed estimate data can be found on the Forecast page.

Regional Management Corp (RM, Financial) Estimates Trends

Over the past 90 days, revenue estimates for Regional Management Corp (RM) have seen an increase for the full year 2024, moving from $585.8 million to $586.85 million, and for 2025, from $605.62 million to $608 million. Earnings estimates have also been adjusted, with an increase from $4.33 per share to $4.4 per share for the full year 2024, while estimates for 2025 have been revised downward from $5.65 per share to $5.4 per share.

Regional Management Corp (RM, Financial) Reported History

In the previous quarter of 2024-06-30, Regional Management Corp's (RM) actual revenue was $143.03 million, which beat analysts' revenue expectations of $138.644 million by 3.16%. Regional Management Corp's (RM) actual earnings were $0.86 per share, which beat analysts' earnings expectations of $0.678 per share by 26.84%. After releasing the results, Regional Management Corp (RM) was down by -5.54% in one day.

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Regional Management Corp (RM, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 3 analysts, the average target price for Regional Management Corp (RM) is $36.33 with a high estimate of $40 and a low estimate of $33. The average target implies an upside of 23.41% from the current price of $29.44.

Based on GuruFocus estimates, the estimated GF Value for Regional Management Corp (RM, Financial) in one year is $38.76, suggesting an upside of 31.66% from the current price of $29.44.

Based on the consensus recommendation from 5 brokerage firms, Regional Management Corp's (RM, Financial) average brokerage recommendation is currently 2.6, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.