Rent the Runway (NASDAQ:RENT) Releases Earnings Results, Beats Expectations By $0.04 EPS

Rent the Runway (NASDAQ:RENT) released its quarterly earnings data on Tuesday. The company reported ($3.44) EPS for the quarter, beating analysts’ consensus estimates of ($3.48) by $0.04, Zacks reports. Rent the Runway updated its Q1 2025 guidance to EPS.

Rent the Runway Stock Performance

Shares of RENT stock traded down $0.35 on Tuesday, hitting $5.05. 50,983 shares of the stock traded hands, compared to its average volume of 131,998. The stock has a market capitalization of $19.58 million, a PE ratio of -0.23 and a beta of 1.33. The firm’s 50-day moving average price is $5.39 and its two-hundred day moving average price is $7.96. Rent the Runway has a twelve month low of $3.70 and a twelve month high of $41.81.

About Rent the Runway

Rent the Runway, Inc operates shared designer closet in the United States. The company offers evening wear and accessories, ready-to-wear, workwear, denim, casual, maternity, outerwear, blouses, knitwear, loungewear, jewelry, handbags, activewear, and ski wear under subscription, rental, and resale offering.