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

RideNow

09/11/2022 14:33

* RumbleOn Inc  RMBL.OQ  reported quarterly adjusted
earnings of
27 cents​​ per share for the quarter ended in September. The
mean expectation of six analysts for the quarter was
for earnings of 65 cents per share.
    * Revenue rose 112.6% to $470.27 million from a year ago;
analysts
expected $466.36 million. 
    * RumbleOn Inc's reported EPS for the quarter was 19 cents​.
    * The mean earnings estimate of analysts had risen by
about 0.6%
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 7.3% this quarter and
lost 62.2% so far this year.
    * The company reported quarterly net income of $3.04
million.
    * Wall Street's median 12-month price target for RumbleOn
Inc is
$34.00 
    * 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 Refinitiv data November
9 at 02:33 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.65           0.27           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