RumbleOn Inc expected to post a loss of 14 cents a share - Earnings Preview

RideNow

14/03/2023 12:41

* RumbleOn Inc  RMBL.OQ   RMBL.O  is expected to show a fall
in
quarterly revenue when it reports  results on March 16. 
    * The Irving Texas-based  company is expected to report  a
9.6% decrease in revenue to $398.547 million from $440.91
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for RumbleOn Inc is for
a
loss of 14 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for RumbleOn
Inc is
$17​, above​ its last closing price of $7.53. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.64        0.65       0.19      Missed  -70.7
 Jun. 30 2022  0.99        0.90       0.87      Missed  -3.3
 Mar. 31 2022  0.99        0.99       0.58      Missed  -41.4​
 Dec. 31 2021  0.44        0.43       1.35      Beat    212.1
 ​​Sep.        0.30        0.30       0.34      Beat    13.3
 30 2021                                                
 Jun. 30 2021  0.06        0.06       -0.78     Missed  -1,400
                                                        ​
 Mar. 31 2021  -1.16       -1.16      -1.44     Missed  -24.1
 Dec. 31 2020              -1.57      -2.43     Missed  -54.3
 This summary was machine generated March 14 at 12:41 GMT.  All
figures in US dollars  unless otherwise stated