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RumbleOn Inc expected to post a loss of 31 cents a share - Earnings Preview

RumbleOn Inc RMBL.OQ RMBL.O is expected to show a fall in quarterly revenue when it reports  results on March 12 for the period ending December 31 2024

The Irving Texas-based  company is expected to report a 10.5% decrease in revenue to $278.433 million from $311.1 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.

‚ÄčLSEG's mean analyst estimate for RumbleOn Inc is for a loss of 31 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "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. ‚Äč

Wall Street's median 12-month price target for RumbleOn Inc is $5.50‚Äč, above‚Äč its last closing price of $3.95. ‚Äč‚Äč‚Äč

Previous quarterly performance (using preferred earnings measure in US dollars). ‚Äč

QUARTER ENDINGSTARMINESMARTESTIMATE¬ģLSEG IBES ESTIMATEACTUALBEAT, MET, MISSEDSURPRISE %
Sep. 30 2024-0.13-0.16-0.32Missed-93.9
Jun. 30 2024-0.07-0.09-0.02Beat77.1
Mar. 31 2024-0.33-0.33-0.29Beat13‚Äč
Dec. 31 2023-0.51-0.51-7.81Missed-1,421.4
‚Äč‚ÄčSep. 30 2023-0.56-0.51-0.99Missed-94.1
Jun. 30 20230.240.23-0.78Missed-446.7‚Äč
Mar. 31 2023-0.36-0.360.05Beat113.7
Dec. 31 2022-0.14-0.80Missed-481.8
This summary was machine generated March 7 at 13:11 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)

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