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Rumble Inc reports results for the quarter ended March 31 - Earnings Summary

Rumble Inc RUM.OQ reported quarterly adjusted earnings of 3 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -21 cents.  The mean expectation of four analysts for the quarter was for a loss of 10 cents per share. Wall Street expected results to range from -13 cents to -8 cents per share.

Revenue rose 33.7% to $23.71 million from a year ago; analysts expected $23.07 million.

Rumble Inc's reported EPS for the quarter was a loss of 1 cent​.

The company reported a quarterly loss of $2.65 million.

Rumble Inc shares had risen by 10.0% this quarter and lost 40.2% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 12.5% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the online services peer group is also "hold"

Wall Street's median 12-month price target for Rumble Inc is $10.00

This summary was machine generated from LSEG data May 9 at 06:06 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 2025-0.100.03Beat
Dec. 31 2024-0.12-0.25Missed
Sep. 30 2024-0.12-0.15Missed
Jun. 30 2024-0.15-0.13Beat

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