RumbleOn Inc expected to post earnings of 23  cents a share - Earnings Preview

RideNow

07/08/2023 19:31

* RumbleOn Inc  RMBL.OQ   RMBL.O  is expected to show a fall
in
quarterly revenue when it reports  results on August 9. 
    * The Irving Texas-based  company is expected to report  a
25.3% decrease in revenue to $408.136 million from $546.1
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for RumbleOn Inc is for
earnings of 23 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
$12.5​, above​ its last closing price of $11.20. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.36       -0.36      0.05      Beat    113.7
 Dec. 31 2023              -0.14      -0.80     Missed  -481.8
 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.        0.99        0.99       0.58      Missed  -41.4
 31 2022                                                
 Dec. 31 2021  0.44        0.43       1.35      Beat    212.1​
 Sep. 30 2021  0.30        0.30       0.34      Beat    13.3
 Jun. 30 2021  0.06        0.06       -0.78     Missed  -1,400
 This summary was machine generated August 7 at 18:31 GMT.  All
figures in US dollars  unless otherwise stated