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Stock impact report

Q2 Earnings Highlights: REV Group (NYSE:REVG) Vs The Rest Of The Heavy Transportation Equipment Stocks [Yahoo! Finance]

REV Group, Inc. (REVG) 
Last rev group, inc. earnings: 3/4 04:30 pm Check Earnings Report
US:NYSE Investor Relations: investors.revgroup.com
Company Research Source: Yahoo! Finance
Heavy transportation equipment companies are investing in automated vehicles that increase efficiencies and connected machinery that collects actionable data. Some are also developing electric vehicles and mobility solutions to address customers' concerns about carbon emissions, creating new sales opportunities. Additionally, they are increasingly offering automated equipment that increases efficiencies and connected machinery that collects actionable data. On the other hand, heavy transportation equipment companies are at the whim of economic cycles. Interest rates, for example, can greatly impact the construction and transport volumes that drive demand for these companies' offerings. The 14 heavy transportation equipment stocks we track reported a satisfactory Q2. As a group, revenues were in line with analysts' consensus estimates. Inflation progressed towards the Fed's 2% goal recently, leading the Fed to reduce its policy rate by 50bps (half a percent or 0.5%) in September 2 Show less Read more
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