RumbleOn Inc reports results for the quarter ended in December - Earnings Summary

RideNow

16/03/2022 13:31

* RumbleOn Inc  RMBL.OQ  reported quarterly adjusted
earnings of
$1.35​​ per share for the quarter ended in December. The mean
expectation of six analysts for the quarter was for earnings of
43 cents per share.
    * Revenue fell 53.7% to $32.70 million from a year ago; 
analysts
expected $375.23 million. 
    * RumbleOn Inc's reported EPS for the quarter was $1.35​.
    * The mean earnings estimate of analysts had risen by
about 360.1%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * RumbleOn Inc shares had fallen by 30.7% this quarter.
    * The company reported quarterly net income of $20.66
million.
    * Wall Street's median 12-month price target for RumbleOn
Inc is
$52.00 
    * 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." 

This summary was machine generated March 16 at 01:31 p.m.  ​All
figures in US dollars unless otherwise stated