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

RideNow

09/08/2022 15:19

* RumbleOn Inc  RMBL.OQ  reported quarterly adjusted
earnings of
87 cents​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for earnings of
90 cents per share.
    * Revenue rose 224.4% to $546.10 million from a year ago;
analysts
expected $513.59 million. 
    * RumbleOn Inc's reported EPS for the quarter was 87 cents​.
    * The mean earnings estimate of analysts had fallen by
about 16.9%
in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * RumbleOn Inc shares had risen by 39.0% this quarter and
lost 50.8% so far this year.
    * The company reported quarterly net income of $14.03
million.
    * Wall Street's median 12-month price target for RumbleOn
Inc is
$30.00 
    * 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 from Refinitiv data August 9
at 02:19 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.90           0.87           Missed
 Mar. 31 2022      0.99           0.58           Missed
 Dec. 31 2021      0.43           1.35           Beat
 Sep. 30 2021      0.30           0.34           Beat