Telsey Advisory analyst Dana Telsey reiterated an Outperform rating on the shares of Rent The Runway, Inc. (NASDAQ: RENT) and reduced the price target from $8 to $4.
Rent the Runway (NASDAQ:RENT) reported quarterly losses of $(0.56) per share which met the analyst consensus estimate. This is a 83.28 percent increase over losses of $(3.35) per share from the same period last year.
Companies Reporting Before The Bell
• Academy Sports (NASDAQ:ASO) is estimated to report quarterly earnings at $1.59 per share on revenue of $1.55 billion.