RumbleOn Inc expected to post a loss of 33 cents a share - Earnings Preview

RideNow

06/05/2024 17:48

* RumbleOn Inc  RMBL.OQ   RMBL.O  is expected to show a fall
in
quarterly revenue when it reports  results on May 8 for the
period ending March 31 2024
    * The Irving Texas-based  company is expected to report a
4.8% decrease in revenue to $329.719 million from $346.3 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for RumbleOn Inc is for a
loss
of 33 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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
$9.00​, above​ its last closing price of $5.21. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   -0.51       -0.51      -7.81     Missed  -1,421
                                                        .4
 Sep. 30 0001  -0.56       -0.51      -0.99     Missed  -94.1
 Jun. 30 2023  0.24        0.23       -0.78     Missed  -446.7
                                                        ​
 Mar. 31 2023  -0.36       -0.36      0.05      Beat    113.7
 ​​Dec.                    -0.14      -0.80     Missed  -481.8
 31 2022                                                
 Sep. 30 2022  0.64        0.65       0.19      Missed  -70.7​
 Jan. 1 0001   0.99        0.90       0.87      Missed  -3.3
 Mar. 31 2022  0.99        0.99       0.58      Missed  -41.4
 This summary was machine generated May 6 at 16:48 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)