RumbleOn Inc expected to post a loss of 16 cents a share - Earnings Preview

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01/11/2024 14:15

* RumbleOn Inc  RMBL.OQ   RMBL.O  is expected to show a fall
in
quarterly revenue when it reports  results on November 5
(estimated) for the period ending September 30 2024
    * The Irving Texas-based  company is expected to report a
10.8% decrease in revenue to $301.427 million from $338.11
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for RumbleOn Inc is for a
loss
of 16 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "strong buy" or
"buy," no "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
6.75​, above​ its last closing price of $5.04. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  -0.07       -0.09      -0.02     Beat    77.1
 Mar. 31 2024  -0.33       -0.33      -0.29     Beat    13
 Dec. 31 2023  -0.51       -0.51      -7.81     Missed  -1,421
                                                        .4​
 Sep. 30 2023  -0.56       -0.51      -0.99     Missed  -94.1
 ​​Jun.        0.24        0.23       -0.78     Missed  -446.7
 30 2023                                                
 Jan. 1 0001   -0.36       -0.36      0.05      Beat    113.7​
 Jan. 1 0001               -0.14      -0.80     Missed  -481.8
 Sep. 30 2022  0.64        0.65       0.19      Missed  -70.7
 This summary was machine generated November 1 at 14:15 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)