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

RideNow

16/03/2023 14:20

* RumbleOn Inc  RMBL.OQ  reported a quarterly adjusted loss
of 80
cents​​ per share for the quarter ended in December. The mean
expectation of six analysts for the quarter was for a loss of 14
cents per share.
    * Revenue fell 16.2% to $369.51 million from a year ago;
analysts
expected $398.55 million. 
    * RumbleOn Inc's reported EPS for the quarter was a loss of
$17.80​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * RumbleOn Inc shares had risen by 12.1% this quarter.
    * The company reported a quarterly loss of $287.73 million.
    * Wall Street's median 12-month price target for RumbleOn
Inc is
$17.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
March 16 at 02:19 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.14          -0.80          Missed
 Sep. 30 2022      0.65           0.19           Missed
 Jun. 30 2022      0.90           0.87           Missed
 Mar. 31 2022      0.99           0.58           Missed