RumbleOn Inc expected to post a loss of 51 cents a share - Earnings Preview

RideNow

03/11/2023 16:01

* RumbleOn Inc  RMBL.OQ   RMBL.O  is expected to show a fall
in
quarterly revenue when it reports  results 
    * The Irving Texas-based  company is expected to report  a
24.5% decrease in revenue to $354.964 million from $470.27
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data. 
    * ​Refinitiv's mean analyst estimate for RumbleOn Inc is for
a
loss of 51 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
$10.5​, above​ its last closing price of $6.31. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2022              -0.14      -0.80     Missed  -481.8
                                                        ​
 Sep. 30 2022  0.64        0.65       0.19      Missed  -70.7
 ​​Jun.        0.99        0.90       0.87      Missed  -3.3
 30 2022                                                
 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. 30 2021  0.30        0.30       0.34      Beat    13.3
 This summary was machine generated November 3 at 16:01 GMT.  All
figures in US dollars  unless otherwise stated