RumbleOn Inc expected to post earnings of 99  cents a share - Earnings Preview

RideNow

06/05/2022 19:35

* RumbleOn Inc  RMBL.OQ   RMBL.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 10. 
    * The Irving Texas-based  company is expected to report  a
327.7% increase in revenue to $445.924 million from $104.26
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 99 cents per share. For the same quarter last year,
the company reported a loss of $1.44 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 160.5%
in the last three months. ​
    * Wall Street's median 12-month price target for RumbleOn
Inc is
$43​, above​ its last closing price of $18.79. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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
                                                        ​
 Mar. 31 2021  -1.16       -1.16      -1.44     Missed  -24.1
 ​​Dec.                    -1.57      -2.43     Missed  -54.3
 31 2020                                                
 Sep. 30 2020  -2.56       -2.25      0.67      Beat    129.7​
 Jun. 30 2020  -4.89       -4.56      0.47      Beat    110.3
 Mar. 31 2020  -3.00       -3.00      -5.01     Missed  -67
 This summary was machine generated May 6 at 18:35 GMT.  All
figures in US dollars  unless otherwise stated