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

RideNow

10/05/2022 14:33

* RumbleOn Inc  RMBL.OQ  reported quarterly adjusted
earnings of
58 cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for earnings of
99 cents per share.
    * Revenue rose 341.1% to $459.92 million from a year ago; 
analysts expected $445.92 million. 
    * RumbleOn Inc's reported EPS for the quarter was 58 cents​.
    * The mean earnings estimate of analysts had risen by
about 12.1%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * RumbleOn Inc shares had fallen by 52.2% this quarter and
lost 60.6% so far this year.
    * The company reported quarterly net income of $9.14
million.
    * Wall Street's median 12-month price target for RumbleOn
Inc is
$43.00 
    * 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 May 10 at 01:32 p.m.  ​All
figures in US dollars unless otherwise stated