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3 Reasons Bus Maker REV Group Is Down Despite an Earnings Beat

·5-min read
3 Reasons Bus Maker REV Group Is Down Despite an Earnings Beat
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REV Group (NYSE: REVG), a manufacturer of buses, fire trucks, and high-end recreational vehicles (RVs), saw its stock price drive off a cliff after it announced its third quarter (Q3) 2021 earnings results on Wednesday, Sept. 9. Here are three reasons the market turned negative on the company. REV Group managed to eke out some revenue gains year over year, with Q3 net sales increasing 1.9% to $593.3 million.

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